• മലയാളം | Malayalam
Sunday, January 24, 2021
  • Login
Bignews English
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird
No Result
View All Result
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird
No Result
View All Result
Bignews English
No Result
View All Result
Home Business

Telangana left disappointed, as Centre ignores state’s demands

by staffreporter
April 29, 2018
in Business
0
Telangana left disappointed, as Centre ignores state’s demands
0
SHARES
24
VIEWS
Share on FacebookShare on Twitter

Prime Minister Narendra Modi on Thursday hailed Finance Minister Arun Jaitley for presenting an ‘all-friendly’ Union Budget 2018-19 with the focus on agriculture, health and small businesses.

“This budget is farmer-friendly, common citizen-friendly, business environment-friendly and development-friendly,” Modi said in his first reaction after Jaitley presented the Budget in the Lok Sabha in New Delhi.

However, not everyone echoed the same sentiment, especially the Telugu states of Telangana and Andhra Pradesh.

Telangana had been hoping for several allocations from the Centre, but was left disappointed, as the state was barely mentioned in the Finance Minister’s speech.

How the state is doing

Addressing reporters ahead of the budget, state Finance Minister Eatala Rajender said that Telangana would continue its momentum in 2018-19.

He also pointed out that the state’s Gross State Domestic Product (GSDP) growth was only on the rise each year, because of its decisions to implement mega infrastructure projects.

“While the GDP for 2016-17 was 7.1%, Telangana recorded GSDP of 10.2%. Now that the Centre estimates a GDP growth rate of 6.5-6.75% for 2017-18, our GSDP is projected at 10.5% for the corresponding period,” he said.

Rajender said that Telangana recorded a growth of 21.5% in the 2016-17 financial year, adding that the state witnessed a 17% growth in State Owned Tax Revenue, even after the introduction of the GST.

In March last year, The Telangana government presented a tax-free, revenue-surplus budget for 2017-18, proposing an expenditure of Rs 1,49,646 crore – an increase of 14.75% over the previous year.

Demands

The state government had demanded budgetary allocations for Mission Bhagiratha and Mission Kakatiya, as recommended by Niti Ayog,

Besides funds for the Kaleshwaram irrigation project, there was also a request to consider granting it a ‘national project’ status, something which neighbouring Andhra Pradesh already has, for its Polavaram irrigation project.

There was also the long pending issue of an All India Institute of Medical Sciences (AIIMS) that is due to be set up in Telangana.

Budgetary allocations were also demanded for the Bayyaram steel plant and the Horticulture and Tribal University, in accordance with the Andhra Pradesh Reorganisation Act, 2014.

What was allocated

However, the Telangana government was left disappointed with the budget.

While there were no specific allocations made to Telangana, the Centre said that Rs 440.51 crore was allocated for drinking water projects, to provide safe drinking water to arsenic and fluoride affected habitations in the next four years.

Telangana was allocated Rs 75 crore for the IIT in Hyderabad and Rs 10 crore for a tribal university.

While the setting up of one each new AIIMS in Jharkhand and Gujarat was announced, no such announcement was made for Telangana.

However, the establishment of an International Training Centre for Operational Oceanography in Hyderabad by United Nations Educational, Scientific and Cultural Organization (UNESCO), was approved after the proposal received a cabinet nod last December.

Next Post
Not choosy, don’t want to burnout by 50: Actor Madhavan on career choices

Not choosy, don't want to burnout by 50: Actor Madhavan on career choices

Govt says cryptocurrencies not legal tender, will eliminate them

Govt says cryptocurrencies not legal tender, will eliminate them

Meera Jasmine to star in ‘Neerali’?

Meera Jasmine to star in 'Neerali'?

Discussion about this post

RECENT NEWS

SBI introduces a new rule for savings accounts,short-term loans from tomorrow

SBI introduces a new rule for savings accounts,short-term loans from tomorrow

April 30, 2019
Patanjali to get a ₹4,325 crore bid for Ruchi Soya from lenders

Patanjali to get a ₹4,325 crore bid for Ruchi Soya from lenders

April 30, 2019
CEO showing partiality,no bogus voting;says Kodiyeri

CEO showing partiality,no bogus voting;says Kodiyeri

April 30, 2019
Shashi Tharoor gets permission to travel abroad

Shashi Tharoor gets permission to travel abroad

April 30, 2019
Hook up song of ‘Student of the year 2’; The stunning looks of a colourful date grabs all eyes

Hook up song of ‘Student of the year 2’; The stunning looks of a colourful date grabs all eyes

April 30, 2019
Housr enters India’s fast growing co-living market backed by real estate giants

Housr enters India’s fast growing co-living market backed by real estate giants

April 30, 2019
  • Privacy Policy

© 2018 Bignews - Developed by Bigsoft.

No Result
View All Result
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird

© 2018 Bignews - Developed by Bigsoft.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In