Home Latest News YSRCP says Budget, jugglery of figures

YSRCP says Budget, jugglery of figures

Describing as jugglery of figures, the annual budget for 2015-16, presented by Telangana Finance Minister in the Assembly, YSR Congress has said the 1.16 lakh crore budget has ignored the core areas and has not specified as to why the budgetary allocations of the previous ten months were not utilized in full.

Party MLA P Venkateswarlu and spokesperson Konda Raghava Reddy deplored that the arithmetic has made up to cross over the Rs 1 lakh crore mark but has failed to spell out as to why it did not spend the budgetary allocation for the previous ten months ending March 31, 2015. This apart the State has failed to allocate funds to various sectors to the desired effect. There was no mention of pending projects and new projects, there is no clarity on minor and medium irrigation and the Mission Kakatiya, aimed at reviving tanks and brooks, did not take shape though it was given priority in the previous budget, they added.


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