HomeNewsIndiaTelangana Finances 2026-27 highlights: Govt introduces ₹3.24 lakh crore price range, public...

Telangana Finances 2026-27 highlights: Govt introduces ₹3.24 lakh crore price range, public debt inching to ₹6 lakh

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Telangana Finance Minister Mallu Bhatti Vikramarka stated the federal government is implementing Abhaya Hastham public welfare schemes akin to Mahalakshmi, Gruhajyothi, Indiramma Homes, and Mahila Shakti Mission to carry gentle into the lives of the poor in a fashion useful to those that don’t even have minimal services.

Beneath the Mahalakshmi scheme, the primary promise carried out instantly after coming to energy, was free bus journey. Beneath this scheme, 34 lakh 37 thousand girls and ladies within the State are travelling free in RTC buses day-after-day. To this point, girls within the State have availed 269 crore 68 lakh free journeys underneath this scheme, thereby saving almost ₹9,222 crore.

Beneath a scheme to alleviate girls from the burden of cooking gasoline cylinders, the federal government is supplying gasoline cylinders at Rs.500 every, which benefitted 42.90 lakh households within the State. By this scheme, girls have saved about Rs.752 crore, he stated.

The Finance and Energy Minister stated that underneath the Gruhajyothi scheme – free electrical energy as much as 200 models to about 53 lakh 9 thousand poor and middle-class households – the federal government has paid Rs.3,954 crore to the ability utilities, and 10.97 crore zero-bills have been issued underneath this scheme.

Beneath Mahila Shakti Mission, the federal government has resolved to make 1 crore girls within the IKP teams of the State into millionaires. Mr. Bhatti stated that they’re making efforts to facilitate financial institution loans of Rs.1 lakh crore in 5 years. As a part of this, loans amounting to Rs.57,938 crore have already been facilitated. 

Beneath the VLR scheme, from December 2023 until in the present day, curiosity subsidy of Rs.1,329 crore has been launched to city and rural SHGs. Within the State, IKP has emerged as a robust community of self-help teams with 67 lakh girls.

On enterprise alternatives being created for self assist teams, the Telangana Finance Minister within the Finances speech stated the federal government will buy 600 buses via SHGs and lease them to TGSRTC. Within the first part, the federal government have bought 494 buses at a value of Rs.177 crore 84 lakh

To additional strengthen girls’s empowerment, along with the present 10 districts, the State authorities is establishing Indira Mahila Shakti Bhavans in 22 extra districts, he stated. 

– N RAVI KUMAR

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