Hyderabad: Despite the Covid-induced financial crisis and cuts in Central grants, the Telangana state government is inching closer to meet its budgetary targets for the current fiscal.
Officials said the state government was successful in implementing the welfare schemes for the poor and needy without imposing any cuts, on the back of increased revenue earnings here for the past three months. Adequate funds were sanctioned for the TRS government’s flagship schemes like Rythu Bandhu, Rythu Bima, 24×7 free power to agriculture, Rs 1 per kg rice scheme, the Aasara pensions, the Kalyana Lakshmi, the Shaadi Mubarak etc. Hence, “beneficiaries did not face any difficulty even during the corona crisis”.
The government presented the annual budget for 2020-21 with an outlay of Rs 1.82 lakh crore in March 2020. But the outbreak of Covid-19 and the subsequent lockdown and economic slump meant the Budget estimates went haywire in the 2020-21 fiscal. However, the state could overcome…
