The Telangana government plans to spend over Rs 6 lakh crore towards plan and non-plan expenditure in the next five years, Telangana Chief Minister K Chandrasekhar Rao said in Hyderabad today.
Replying to a 'Motion of Thanks' on the Governor's address in the Telangana Assembly, Mr Rao said that his government is committed to the welfare of the people and would spend Rs 25,000 crore on various welfare schemes every year.
"Considering the growth rate of Telangana state, Fiscal Responsibility and Budget Management (FBRM) and other parameters, the Telangana Government will spend Rs 6,00,000 crore in the next five years. As much as 3.75 lakh crore will be spent on non-plan expenditure and Rs 2.25 lakh crore would for plan expenditure," Mr Rao said.
The proposal to sell government lands in Hyderabad to generate revenue has been put on hold, since market conditions are not conducive, he said, adding that the proposal may be taken up as and when the market recovers.
Ground water depletion poses a serious threat to Telangana and the state government has been taking all efforts to tackle water problems during summer, he said.
Rao demanded that the PM Narendra Modi-led government should not make any deduction on schemes such as Integrated Child Development and Anganwadi schemes.
The state government would also implement reservations for Muslims for which it is currently studying models followed in various states like Tamil Nadu and Karnataka.
He indicated that though there may be some problems during April this year, the Telangana government is gearing up to meet power demand.
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