HYDERABAD: Chief Minister K. Chandrashekar Rao directed finance minister T. Harish Rao and finance officials to allocate adequate funds in the upcoming Budget for the Rs 1 lakh crop loan waiver scheme, the new Pay Revision Commission for employees and pensioners, monthly unemployment allowance of Rs 3,016 and Rs 5 lakh each to build a 2BHK for beneficiaries having their own plots.
All these schemes were major poll promises of the TRS during the 2018 Assembly election campaign but could not be implemented due to financial constraints on account of economic slowdown and the subsequent Covid-induced financial crisis.
However, revenue earnings have bounced back since November on the back of increased collections through GST, VAT, property and vehicle registrations and excise.
The Chief Minister chaired a meeting at Pragathi Bhavan on Saturday to give final touches to the Budget for 2021-22, which is expected to be tabled in the Legislature in the third week of March. He…