Telangana’s Finance Minister and Deputy Chief Minister, Mallu Bhatti Vikramarka, has introduced a Budget of ₹3,04,965 crore for the upcoming fiscal year, reflecting a 5 percent increase from the previous year’s figures. This Budget encompasses a revenue expenditure of ₹2,26,982 crore and a capital expenditure of ₹36,504 crore.
During his presentation in the State Assembly on Wednesday, he projected Telangana’s Gross State Domestic Product (GSDP) for 2024-25 at current prices to be ₹16,12,579 crore, which marks a growth rate of 10.1 percent compared to the last year. “In contrast, the national GDP stands at ₹3,31,03,215 crore, with a growth rate of 9.9 percent,” he noted.
Vikramarka emphasized the State’s goal of evolving into a $1 trillion economy from its current position of $200 billion within the next decade. The government has unveiled the ‘Telangana Rising 2050’ Vision, which includes plans to enhance Hyderabad into a global city with a focus on technological advancement, expanded transportation, infrastructure improvements, and environmental sustainability.
The Future City initiative, covering 765 square kilometers and comprising 56 villages along the Srisailam and Nagarjuna Sagar Highways, aims to be a Net Zero City, promoting sustainable and pollution-free urban living. “To ensure effective implementation, we established the Future City Development Authority (FCDA). This next-generation city will feature multimodal connectivity, an electric public transport system, and green buildings,” he stated.
The new city will incorporate specialized zones for a 200-acre AI City, a Pharmaceutical Hub, a Sports City, and a Clean Energy Innovation Zone, establishing it as a global center for technology, industry, and sustainable practices.
Regarding energy supply, despite peak electricity demands reaching 16,918 MW, the state has managed to deliver uninterrupted power to its residents. The government introduced a Clean & Green Energy Policy for 2025, aiming to expedite the transition to renewable energy sources. Under this initiative, the State plans to generate an additional 20,000 MW of renewable energy by 2030, which will increase to 40,000 MW by 2035.
Moreover, the Singareni Collieries Company Ltd (SCCL) and the Telangana Renewable Energy Development Corporation (TREDCO) are collaborating on innovative geothermal energy-based power generation projects.
The Finance Minister has allocated ₹11,500 crore in subsidies to power generation companies to guarantee uninterrupted free electricity for farmers, along with ₹3,000 crore designated for free power for 50 lakh households (for monthly consumption of up to 200 units) and government schools.
Budget allocations include:
– Scheduled Castes Welfare: ₹40,232 crore
– Panchayati Raj and Rural Development: ₹31,605 crore
– Agriculture: ₹24,439 crore
– Irrigation & Command Area Development: ₹23,373 crore
– Education: ₹23,108 crore
– Energy: ₹21,221 crore
– Scheduled Tribes Welfare: ₹17,169 crore
– Municipal Administration and Urban Development: ₹17,677 crore
– Health and Family Welfare: ₹12,393 crore
– Backward Classes Welfare: ₹11,405 crore
Bharat Rashtra Samithi (BRS) Working President KTR criticized the budget, labeling it a complete disappointment for the people of Telangana, who are left with ‘no tangible benefits.’ He described the budget as a reflection of Chief Minister Revanth Reddy’s ineffectiveness, incompetence, and administrative shortcomings, claiming that the government has dashed the hopes of the four crore citizens who trusted them with their votes.
KTR also highlighted that the much-publicized “six guarantees,” initially promised within 100 days, have come to nothing. He pointed out the financial discrepancies, noting that while the BRS government incurred debts of ₹4.17 lakh crore over ten years, the Congress party racked up ₹1.6 lakh crore in merely a year without introducing new projects to justify such expenditures. He mocked their “trillion-dollar economy” assertion, implying that the State risks accumulating a $1 trillion debt instead.
