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Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka presented a payment oriented budget for the 2026-27 fiscal year successful the Legislative Assembly connected Friday (March 20, 2026) with a dense accent connected some municipality and agrarian development.
₹26,674 crore for Education dept
The Panchayat Raj and Rural Development section — which implements a spree of programmes including the MGNREGS and HAM roads — has received allocation of ₹33,688 crore and the Education section has been earmarked a precocious of ₹26,674 crore. As announced by Chief Minister A. Revanth Reddy astir completion of each pending irrigation projects successful a stipulated time, the Irrigation assemblage has been fixed ₹22,615 crore.
₹17,907 crore for MAUD
The Municipal Administration and Urban Development section has been fixed ₹17,907 crore. This section handles agencies similar the HMDA and HYDRAA, and it is the nodal bureau for ambitious projects similar Hyderabad Metro Rail and the Chief Minister’s favored task Musi Rjuvenation. The Home section has been earmarked ₹11,907 crore.
“A fund is not conscionable astir calculations and numbers, it is astir people. A fund is an accounting of measures that tin alteration the conditions of people’s lives,” the Deputy Chief Minister said starting his much than one-hour speech. He said the Congress authorities was rectifying the fiscal and systemic demolition caused by the erstwhile authorities adjacent arsenic it continued to repay old debts and involvement connected them, maintaining fiscal discipline.
Explaining the State’s fiscal situation, helium said the GSDP astatine existent prices was ₹17.82 lakh crore registering maturation complaint of 10.7% implicit the erstwhile year. The country’s GDP stood astatine ₹357 lakh crore during the aforesaid play with maturation complaint of 8%. “Telangana’s maturation complaint is 2.7% higher than the nationalist average,” helium pointed out. Likewise, the State accounted for 5% of the nationalist GDP, making it a beardown maturation motor for the country.
Although the country’s maturation was slowing down, Telangana’s maturation complaint was showing improvement, helium said. The maturation complaint of nationalist GDP — which was 9.8% successful 2024-25 — declined to 8% during the existent fiscal. Telangana, however, registered a marginally higher maturation from 10.6% to 10.7% during the aforesaid period. “This is grounds that policies implemented by our authorities are moving successful the close absorption and are contributing to development,” helium said.
Per capita income
On the per capita income, helium said the State’s per capita income was ₹4.18 lakh portion the nationalist per capita income was ₹2.19 lakh, resulting successful Telangana’s per capita being higher by ₹1.96 lakh, 1.9 times than the nationalist average.
The Minister lamented that the erstwhile authorities did not decently utilise the Centrally Sponsored Schemes from 2014-23 and adjacent the funds sanctioned by the Centre were diverted for different needs resulting successful stoppage of funds by the Centre. The Congress authorities identified the concern and released astir ₹3,000 crore to each departments nether pending funds of CSS. This resulted successful the State securing ₹7,072 crore truthful acold from the Centre this fiscal year.
Restructuring brought down loans to₹11,915 crore
At the aforesaid time, the State had restructured loans of ₹25,612 crore raised by the erstwhile authorities astatine precocious involvement rates to debased involvement loans and the main repayment tenure was extended. As a result, the magnitude payable from 2025-26 to 2031-32 was reduced from ₹34,058 crore to ₹11,915 crore. “This fiscal twelvemonth we person converted precocious involvement loans of astir ₹27,988 crore into little involvement loans,” helium said.
