Chief Minister K. Chandrasekhar Rao said the budget introduced by the Telangana government for 2018-19 with an outlay of ₹1.74 lakh crore will ensure balanced development of all sectors and welfare of all sections of society.
He complimented Finance Minister Eatala Rajender for presenting a balanced budget keeping in view the resources of the Telangana State, its requirements and the government’s objectives. The budget would help in implementing the State’s development plans, he said.
Expressing his happiness over the generous allocation to the agriculture sector, Mr. Rao said major allocation for irrigation sector, crop investment support scheme and 24x7 free power to farming sector, would help in effective implementation of the government programmes .
He also appreciated Mr. Ramakarishna Rao, Principal Secretary, Finance, and Mr. G. R. Reddy, Advisor, Finance for formulating the annual financial statement reflecting the government’s vision.
