It's a progressive budget prepared for state's welfare: CM KCR

The budget presented by the finance minister T Harish Rao is a balanced one and does not impede the development. It is a progressive budget prepared for the welfare of the state, said Chief Minister K Chandrasekhar Rao.

The budget balances the income, expenditure and needs of the people. The funds were allocated based on the government's plan for the development all the sectors, said KCR expressing satisfaction over the budget. "It is appreciated that the allocation of funds were made to all the schemes and sectors that will not stop the development of state even if there are no funds from the centre," he added.

The budget was prepared in accordance to the promises made to the people during elections to develop the villages, towns and including more people from poorer sections to get the benefits. The chief minister also congratulated Harish Rao and minister Vemula Prashanth Reddy for introducing the budget in assembly and council respectively.