2 months ago
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Telangana Government is apt to autumn abbreviated successful the expected gross expenditure during the existent fiscal twelvemonth (2025-26) connected the lines of erstwhile years.
The gross expenditure of the State till January extremity was ₹1.48 lakh crore — conscionable 65.62% of the ₹2.26 lakh crore projected successful the (2025-26) fund estimates. The expenditure of the remaining 2 months (February and March) are yet to beryllium released. The concern was nary antithetic successful the fiscal twelvemonth 2024-25 erstwhile the State registered gross expenditure of ₹1.77 lakh crore against the projected ₹2.21 lakh crore, according to the Comptroller and Auditor General of India.
Financial Year 2024-25
The CAG, successful its concern accounts study for 2024-25, said the State projected its gross and superior expenditure astatine ₹2.74 lakh crore. But it managed to walk ₹2.18 lakh crore, astir 80% of the fund estimates. Interestingly, portion the State lagged down successful the gross expenditure, it registered sizeable summation successful the superior expenditure during the fiscal.(2024-25). The superior expenditure — which was estimated astatine ₹33,487 crore — however, crossed ₹36,000 crore people reaching ₹36,082 crore (109%).
As expected, involvement payments, salaries/wages and pension payments exceeded the projections. While the Government budgeted involvement outgo of ₹17,739 crore during 2024-25, it ended up paying ₹26,688 crore, implicit ₹9,000 crore more. On the salaries/wages and pensions front, the Government paid ₹42,245 crore and ₹16,950 crore respectively against the ₹40,041 crore and ₹11,649 crore projected successful the fund estimates.
One of the main reasons down the shortfall was the gross receipts which did not support gait with the expectations. The State Government had estimated the receipts to the tune of ₹2.21 lakh crore, but ended up with gross receipts of ₹1.69 lakh crore, portion superior receipts successful the signifier of borrowings and different liabilities contributed different ₹49,847 crore. Accruals pertaining to gross successful the signifier of non-tax gross and grants-in-aid and contributions belied expectations arsenic the State registered ₹23,607 crore non taxation gross (against ₹35,208 crore projected) and ₹7,913 crore arsenic grants-in-aid and contributions (against ₹21,636 crore projected) starring to a shortfall.
As a result, the State registered gross shortage of astir ₹9,000 crore against the ₹297 crore surplus projected for the fiscal twelvemonth (2024-25).
