Hyderabad: In a meeting held with senior officials at Pragati Bhavan, Telangana Chief Minister KCR has given key instructions regarding the design of the budget. KCR has reportedly told the officials to consider the overall economic slowdown in the country while preparing their estimates for the Budget as it has had a severe impact on all sectors across the country.
“There is a severe economic slowdown in the country. It has impacted all sectors. Revenues are falling. The revenues of the States to have decreased. Against this backdrop, identify the needs and the estimated revenues of the State and prepare the Budget based on the actual situation. It should be realistic,” instructed the chief minister. The CM also told the officials that welfare and agriculture would be the government’s top priorities. The complete budget for the 2019-20 fiscal year is likely to be presented in the State Legislative Assembly in the second week of the September after Ganesh Nimarjanam event.
