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Union Budget: All key demands of Telangana ignored
TIWN
Union Budget: All key demands of Telangana ignored
PHOTO : TIWN

Hyderabad, Feb 2 (TIWN) The Union Budget 2022-23 came as a big shock for Telangana as all its demands for additional funds and new projects were ignored.

The budget speech of Finance Minister Nirmala Sitharaman also had no mention of the commitments made to the state under Andhra Pradesh Reorganisation Act 2014.

The state had high hopes from the budget and it had demanded allocation of Rs 60,000 crore for various projects. It was for this reason the budget evoked angry reaction from Chief Minister K. Chandrasekhar Rao, who termed it as 'golmal' and 'useless' budget.

Telangana's long pending demand for national status to either Kaleshwaram or Palamuru-Rangareddy lift irrigation projects was again ignored by the Centre.

As per the budget estimates, Telangana will get Rs 17,165 crore during 2022-23 as its share in the central taxes. This is Rs 3,175.85 crore higher than the 2021-22 budget estimates and Rs 1,240.14 crore higher than the revised estimates.

However, there was no allocation to the state in addition to the state's share in central taxes, funds for local bodies as per the recommendation of Finance Commission and allocation for centrally sponsored schemes.

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