3 months ago
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As the din implicit the elections to Telangana Urban Local Bodies (ULB) — taken arsenic a prestige by large governmental parties — subsides, the absorption present shifts to the budget, the yearly fiscal statement, for the fiscal twelvemonth 2026-27.
Budget league probable dates aft gathering with CM
Deputy Chief Minister, Mallu Bhatti Vikramarka, has decided to clasp a bid of meetings to measure the requirements of idiosyncratic departments truthful that capable allocations tin beryllium made for the effectual implementation of ongoing schemes. The section omniscient meetings slated to commencement from February 16 volition proceed for astir a week aft which the Deputy Chief Minister volition clasp discussions with Chief Minister A. Revanth Reddy to finalise the probable dates for the commencement of the fund session, apt to March archetypal week.
The State Government has decided to tread cautiously connected finalisation of allocations arsenic it recovered no large gains for the State successful the precocious introduced Union budget. It has reportedly decided to rationalise allocations to non-core sectors portion laying accent connected fulfilment of its six guarantees — the committedness the Congress has fixed to radical successful the tally up to the 2023 Assembly elections.
67% of 2025-26 fund projection realised
The Chief Minister is understood to person directed the officials acrophobic to guarantee that the allocations arsenic good arsenic the full outlay are realistic without giving scope for shortfall successful taxation revenues/receivables from the Centre. Revenue realisation during the existent fiscal till December extremity was ₹1.9 lakh crore, 67.01% of the ₹2.84 lakh crore projected successful the fund estimates and a large chunk, 1 third, of the receipts was successful the signifier of borrowings of ₹65,930 crore.
Tax revenues were ₹1.13 lakh crore till the extremity of 3rd quarter, against ₹1.75 lakh crore of the fund estimates and officials are assured that taxation revenues volition amended importantly successful the past 4th taking the gross receipts successful excess of 80% of the projections. Given this background, the outlay for 2026-27 could beryllium of the bid of ₹3.15 lakh crore to ₹3.22 lakh crore factoring successful ostentation and different factors against the ₹3.04 lakh crore of the existent fiscal.
Focus areas
The absorption is apt to beryllium connected ensuring capable allocations for Indiramma houses, bonus to farmers cultivating good atom and escaped autobus question to women.
At the aforesaid time, officials are directed to absorption connected securing maximum funds done the centrally sponsored schemes and different Central Government devolutions truthful that dependence connected borrowings arsenic good arsenic the involvement outgo load is reduced to that extent. The State secured ₹14,982 crore arsenic its stock of cardinal taxes, 70.9% of the ₹21,195 crore estimated and the magnitude is apt to emergence successful the 4th quarter.
