ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • IPL 2023
    • Karnataka Elections 2023
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Telangana Budget: KCR government proposes unemployment allowance of Rs 3,000 per month

KCR said since the Union Government introduced a Vote-on-Account budget for the next year and as there was no clarity as to what would be the priorities for expenditure, the state government too was presenting  interim  budget.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Telangana Budget: KCR government proposes unemployment allowance of Rs 3,000 per month
"In 2019-20 the estimated revenue surplus is Rs 6,564 crore and fiscal deficit is Rs 27,749 crore," Rao said in his budget speech. PTI

Proposing an unemployment allowance of Rs 3,000 per month ahead of elections, Telangana Chief Minister K. Chandrashekhar Rao on Friday presented a Vote-on-Account Budget for 2019-20 that has an estimated expenditure of Rs 1,82,017 crore, an increase of 4 per cent over the previous year. Presenting the interim budget in the Assembly, KCR, as Rao is popularly known, said the GSDP growth rate of the state has doubled since its formation in 2014 and its Budget for the new fiscal showed a revenue expenditure of Rs 1,31,629 crore and capital expenditure of Rs.32,815 crore.

KCR said since the Union Government introduced a Vote-on-Account budget for the next year and as there was no clarity as to what would be the priorities for expenditure, the state government too was presenting interim budget. "In 2019-20 the estimated revenue surplus is Rs 6,564 crore and fiscal deficit is Rs 27,749 crore," Rao said in his budget speech.

The fiscal deficit is 2.81 per cent of Gross State Domestic Product (GSDP). "State`s own revenues for Budget Estimate (BE) of 2019-20 are at Rs 94,776 crore in comparison with Revised Estimate (RE) of 2018-19 at Rs 72,777 crore. 

Watch This Zee Business Video

Transfers from the Centre as per BE 2019-20 is Rs 22,835 crore, while in RE 2018-19 these are estimated at Rs 28,042 crore, he said. "The growth rate of GSDP, at constant prices, was 4.2 per cent in the two years prior to state formation. By 2017-18, this accelerated by more than twice to 10.4 per cent."

He also proposed Rs 1810 crore in the Budget to introduce unemployment allowance of Rs 3,016 per month to the eligible.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Telangana budgetGross state domestic product (GSDP)
Written By: IANS
Updated: Fri, Feb 22, 2019
02:11 pm
Hyderabad, IANS
RELATED NEWS
Telangana budget highlights: In 17 points, all you want to know in brief Telangana budget highlights: In 17 points, all you want to know in brief

LATEST NEWS

Protesting wrestlers to discard all their medals in river Ganga, Haridwar this evening

MediaTek, Nvidia join hands to transform automobiles with AI

Sri Lanka to import 1 million eggs daily from India to meet market demand

Apollo Hospitals Q4 results: Net profit jumps 50% but fails to keep up with analysts' estimates

Made in Uttar Pradesh liquor is keeping everyone in high spirits

Lucknow airport introduces FASTag solution in automated parking system

Apollo Hospitals dividend: Board announces 180% payout

5 smartphones under Rs 12,000 with good storage, battery performance

Lux Industries releases Q4 result, declares 250% final dividend; check details

India to host SCO Summit virtually on July 4

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV