The Union Budget 2024-25 telangana, presented by the Finance Minister, has outlined several key allocations that will significantly impact the state of Telangana. These allocations aim to boost infrastructure, healthcare, education, agriculture, industry, and overall economic development in the state. Here are the top 10 budget allocations for Telangana:
Union Budget 2024-25 Telangana: Infrastructure Development
Road Projects:
An allocation of ₹10,000 crore has been made for the development and maintenance of highways and major roads in Telangana. This is expected to improve connectivity, reduce travel time, and enhance the overall transportation network in the state.
Urban Development:
₹5,000 crore has been earmarked for the development of smart cities and urban infrastructure in Hyderabad and other major cities in Telangana. This will include projects aimed at enhancing public services, promoting sustainable development, and improving the quality of life for urban residents.
Union Budget 2024-25 Telangana : Healthcare
AIIMS Telangana
The budget allocates ₹1,500 crore for the establishment of a new All India Institute of Medical Sciences (AIIMS) in Telangana. This will provide high-quality healthcare and medical education, significantly boosting the state’s healthcare infrastructure.
Public Health Infrastructure
₹2,000 crore has been dedicated to enhancing the public health infrastructure, including the construction of new hospitals and upgrading existing healthcare facilities. This investment will ensure better healthcare services for the residents of Telangana.
Union Budget 2024-25 Telangana: Education
Higher Education
The development of new universities and the expansion of existing higher education institutions in Telangana will be supported with an allocation of ₹1,200 crore. This will enhance the state’s educational landscape and provide more opportunities for higher learning.
School Infrastructure
₹1,000 crore has been allocated for the improvement of school infrastructure, including the introduction of digital classrooms and better sanitation facilities. This will create a conducive learning environment for students in Telangana.
Union Budget 2024-25 Telangana: Agriculture
Irrigation Projects
An allocation of ₹3,000 crore has been made for the completion and initiation of major irrigation projects, including the Kaleshwaram Lift Irrigation Scheme. This will ensure a reliable water supply for agricultural activities, benefiting farmers across the state.
Also read: PMAY Urban Scheme 2024: Eligibility, Details, Benefits and Latest Updates
Farmer Welfare Schemes
₹1,500 crore has been set aside for various farmer welfare schemes, including subsidies for seeds, fertilizers, and farm equipment. These initiatives aim to support the agricultural sector and improve the livelihoods of farmers in Telangana.
Industry and Manufacturing
Industrial Corridors
₹2,500 crore has been allocated for the development of industrial corridors in Telangana, particularly focusing on the Hyderabad-Warangal and Hyderabad-Nagpur corridors. This will boost manufacturing, job creation, and overall industrial growth in the state.
MSME Support
The budget includes ₹1,000 crore for providing financial support and incentives to Micro, Small, and Medium Enterprises (MSMEs) in Telangana. This will help promote entrepreneurship and support the growth of small businesses.
Union Budget 2024-25 Telangana: Energy
Green Energy Projects
An allocation of ₹2,000 crore has been made for the development of renewable energy projects, including solar and wind energy plants. This will position Telangana as a leader in green energy and contribute to sustainable development.
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Water Supply and Sanitation
Mission Bhagiratha
₹1,500 crore has been allocated for the expansion of Mission Bhagiratha to ensure a safe drinking water supply to every household in the state. This project aims to improve the quality of life and public health in Telangana.
Tourism Development
Heritage Conservation
The budget allocates ₹1,000 crore for the conservation and promotion of heritage sites and tourist attractions in Telangana, including the historic city of Hyderabad. This will boost tourism and preserve the state’s rich cultural heritage.
Social Welfare
Housing for All
₹2,500 crore has been allocated for the construction of affordable housing units under the Pradhan Mantri Awas Yojana (PMAY). This initiative aims to provide housing for the urban poor and improve living conditions in Telangana.
Skill Development
Youth Skill Development
An allocation of ₹800 crore has been made for skill development programs targeting the youth in Telangana. These programs will enhance employability and support the state’s economic growth by creating a skilled workforce.
These budget allocations are expected to drive significant growth and development in Telangana, addressing various sectors and ensuring balanced regional development. The emphasis on infrastructure, healthcare, education, agriculture, industry, and other key areas will not only improve the quality of life for the residents but also position Telangana as a key player in India’s economic landscape.
Budget Allocations for Telangana: Summary Table:
| Sector | Project | Allocation (₹ Crore) |
|---|---|---|
| Infrastructure Development | Road Projects | 10,000 |
| Urban Development | 5,000 | |
| Healthcare | AIIMS Telangana | 1,500 |
| Public Health Infrastructure | 2,000 | |
| Education | Higher Education | 1,200 |
| School Infrastructure | 1,000 | |
| Agriculture | Irrigation Projects | 3,000 |
| Farmer Welfare Schemes | 1,500 | |
| Industry and Manufacturing | Industrial Corridors | 2,500 |
| MSME Support | 1,000 | |
| Energy | Green Energy Projects | 2,000 |
| Water Supply and Sanitation | Mission Bhagiratha | 1,500 |
| Tourism Development | Heritage Conservation | 1,000 |
| Social Welfare | Housing for All | 2,500 |
| Skill Development | Youth Skill Development | 800 |
These allocations represent the government’s commitment to fostering comprehensive growth and development in Telangana, ensuring the state continues to thrive and contribute significantly to the national economy.
Frequently Asked Questions:
The total allocation for infrastructure development in Telangana is ₹15,000 crore, which includes ₹10,000 crore for road projects and ₹5,000 crore for urban development.
The healthcare sector in Telangana has received a total allocation of ₹3,500 crore, with ₹1,500 crore for establishing a new AIIMS and ₹2,000 crore for enhancing public health infrastructure
The budget allocates ₹2,200 crore for education in Telangana, including ₹1,200 crore for higher education and ₹1,000 crore for improving school infrastructure.
A total of ₹4,500 crore is allocated for agriculture in Telangana, which includes ₹3,000 crore for irrigation projects and ₹1,500 crore for farmer welfare schemes.
Mission Bhagiratha is a project aimed at ensuring safe drinking water supply to every household in Telangana. The budget allocates ₹1,500 crore for its expansion.
The budget allocates ₹1,000 crore for the conservation and promotion of heritage sites and tourist attractions, including the historic city of Hyderabad.
The budget focuses on developing industrial corridors and supporting MSMEs in Telangana, with allocations of ₹2,500 crore for industrial corridors and ₹1,000 crore for MSME support.
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