Live
- Kishan Reddy Vows to End BRS and Congress Influence in Telangana, Criticizes CM's Governance
- Punjab bypolls: Bittu twisting words for political gains, says Congress nominee
- Punjab CM to administer oath to over 10,000 sarpanches on Friday
- BJP Core Committee Plans Protests Against State Government’s Failures
- Mulugu Collector Divakar's Facebook Hacked Again, Cyber Criminals Send Fraudulent Messages Asking for Money
- The Role of Genetics in Obesity: Can Metabolic Bariatric Surgery Help?
- Deputy CM Bhatti Vikramarka's Visit to Khammam District: Lays Foundation for Road Works Worth Rs. 8.9 Crore
- ED Files Charge Sheet in Agrigold Case, Attaches Assets Worth Over ₹4,100 Crores
- Mushfiqur Rahim ruled out of Afghanistan ODIs with finger fracture
- Turn Up the Festive Flair: Dazzling Holiday Colours from Berger Paints
Union Budget comes under state fire: It's utterly disappointing, says KTR
Municipal Administration Minister KT Rama Rao on Saturday said that he was utterly disappointed with the Union budget as reducing Telangana’s share in Central taxes would impact implementation of various development and welfare initiatives of the State government.
Hyderabad: Municipal Administration Minister KT Rama Rao on Saturday said that he was utterly disappointed with the Union budget as reducing Telangana's share in Central taxes would impact implementation of various development and welfare initiatives of the State government.
Reacting on his Twitter account, KTR said, "Utterly disappointed with the Union budget 2020 while survey showcases Telangana as performer and a progressive State reducing Telangana's share in Central taxes is bound to impact the implementation of various development and welfare initiatives of the State government."
KTR said that the fact that States' share in Central taxes has gone down by an unprecedented 18.9 per cent in financial year 2019-20 proves how poorly the Union government is managing the economic affairs of the country. This is going to severely impact Telangana State's planning.
He further said that the NITI Aayog had recommended Union government to extend financial assistance of Rs 24,000 crore to Telangana's flagship initiatives 'Mission Kakatiya' and 'Mission Bhagiratha', unfortunately the Union government did not allocate even a single rupee in the budget.
