Hyderabad: the Hon’ble Chief Minister K Chandrashekhar Rao lauded that the State Annual Budget for 2018-19 introduced in the Legislature by the government is useful for the development of all sectors and welfare for all communities. The Chief Minister congratulated that the annual Budget is a very balanced one. The Budget is prepared striking a balance among the resources of the Telangana state government, its needs and aims & objectives of the government. The Telangana Chief Minister congratulated Finance Minister Itala Rajendra, Chief Secretary, Finance Ramkrishna Rao and Adviser G.R. Reddy for preparing an annual financial plan for effective implementation of the programs, schemes and schemes of the government.
The Chief Minister of Telangana has uttered his delight over the maximum allotment for agriculture-sector, on which numerous people are dependent. More allocation for irrigation projects, crop investment assistance scheme, power subsidy, will help in successfully implementing programs aimed at developing the agricultural sector at large scale envisaged by the government.