5 months ago
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The Central authorities volition determine connected releasing funds for Phase II of the Hyderabad Metro Rail task lone aft the Telangana authorities completes discussions with L&T regarding the merger connection for Phase I done the committee formed for the intent and takes a last decision, Union Coal and Mines Minister G. Kishan Reddy said connected Sunday.
He told reporters successful New Delhi that the State authorities indispensable archetypal clarify its basal connected Hyderabad Metro Rail Phase I, implicit each formalities related to its takeover, and taxable a due Detailed Project Report (DPR) earlier fiscal enactment tin beryllium processed.
Mr. Kishan Reddy said the Union Housing and Urban Development Ministry has allocated ₹28,740 crore for MRTS and Metro projects, ensuring that capable funds are disposable for the Centre’s stock of Hyderabad Metro Phase II.
Benefits to TG
Listing retired the benefits to Telangana successful the Union Budget, the Secunderabad MP said the State’s stock successful Central taxes has been accrued by 13.5% to ₹33,180 crore for 2026–27, compared to ₹29,280 crore successful the erstwhile year.
He described the 3 projected high-speed obstruction corridors originating from Hyderabad—towards Pune, Bengaluru and Chennai—as a “matter of pride” for Telangana. Fertiliser subsidies person besides been accrued by astir ₹7,000 crore, helium noted.
The TEX-ECO programme, helium said, volition assistance the Kakatiya Mega Textile Park coming up successful Warangal, portion a girls’ hostel volition beryllium established successful each territory for students pursuing STEM (Science, Technology, Engineering and Medicine) courses.
Mr. Kishan Reddy welcomed the municipal bonds proposal, nether which the Centre volition supply an inducement of ₹100 crore for municipal bonds exceeding ₹1,000 crore. Nearly 32 towns successful Telangana volition proceed to person the existing ₹200‑crore inducement nether AMRUT.
About 38 lakh micro, tiny and mean enterprises (MSMEs) successful Telangana are expected to payment from the ₹10,000‑crore maturation money announced successful the Budget. He called it a Budget crafted for aboriginal generations, alternatively than an election‑driven exercise.
Telangana BJP main N. Ramchander Rao | Photo Credit: SIDDHANT THAKUR
Earlier, Telangana BJP president N. Ramchander Rao said the announcement of high-speed obstruction corridors for Hyderabad was a arrogant moment, arsenic it further strengthens the State’s relation arsenic a nationalist maturation engine.
Speaking astatine the BJP State bureau aft viewing the Budget presentation, helium described it arsenic a “transformative Budget” laying the instauration for a aureate signifier that volition instrumentality the federation from economical spot to nationalist capableness and from the uplift of the poorest to wide progress.
He said the Budget provides a beardown basal for employment generation, improved cultivation productivity, enhanced purchasing power, and enlargement of prime acquisition and healthcare services. Mr. Rao expressed gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for presenting a people‑centric Budget that addresses each sections of society.
