Hyderabad Telangana

CM describes Budget as balanced one

CM describes Budget as balanced one

Chief Minister K Chandrashekhar Rao lauded the State Annual Budget for 2018-19 introduced today in the Legislature by the government was useful for development of all sectors and welfare of all communities.

The CM congratulated his Finance Minister Eatala Rajender for presenting a well balanced Budget. He also hailed Principal Secretary (Finance) Ramakrishna Rao and Advisor G R Reddy for preparing the yearly financial plan for the effective implementation of the State government programs, plans and schemes. The Budget was prepared striking a balance among the resources of the State government, its needs, aims and objectives of the government, he added.

The CM expressed his happiness over greater allocations for the Agriculture Sector on which a large majority of people are depending. More allocations for the irrigation projects, Crop Investment Support scheme, power subsidies would help successfully implementing the programs aimed at developing the farm sector in a big way as envisaged by the State government. (NSS)