In second month of financial year, Telangana faces financial crisis

[Spartan]

@DiscoKing @Android_Halwa

In the very second month of the current financial year, the TS government is facing a financial crisis.

The state government is not able to pay even pending bills of the previous year. These bills are mounting due to non-payment.

According to officials, the present financial liabilities of the state government are about Rs 10,000 crore including pending bills. Of this, about Rs 5,000 crore is related to pending bills of various departments. In the previous year, the state government had diverted about Rs 1,000 crore belonging to Centrally-sponsored schemes. Till today, the state government did not release the amounts to the departments concerned.

For example, the Central government has released Rs 16.74 crore to the agriculture department under Paramparagat Krishi Vikas Yojana to develop organic farm clusters.

The total scheme cost is Rs 27.84 crore and the TS government has to contribute Rs 11.13 crore as its share. But state government did not release this amount to the agriculture department.

Recently, agriculture department officials held a meeting with finance officials and requested them to release the funds.

The state government has to pay about Rs 3,000 crore to its employees towards Pay Revision Commission arrears. It had announced the release of this amount but due to financial problems, is not in a position to do so.

The state government has to pay about Rs 5,000 crore in pending bills to contractors of various departments. Due to the financial crunch in the previous year, the state government did not clear the bills.

In the last two months, more bills were added to pending bills. The state government has distributed tractors to farmers at 50 per cent subsidy. Under this scheme, a farmer can buy a tractor that normally costs Rs 10 lakh, for Rs 5 lakh, the remaining to be paid to the manufacturer by the state government.

According to officials of the agriculture department, the state government did not pay the subsidy amount to the company till today.

@dalapathi   wat is this andi...

Despite increasing the state’s own revenue the government is not able to clear the liabilities.  

[Idassamed]

Naidu gaaru pachaga unna DB lo.petrol posarenti

[Spartan]

1 minute ago, Idassamed said:

Naidu gaaru pachaga unna DB lo.petrol posarenti

mahanadu nadustundi kada...pasupacha ga undi....koncham erraga maruddam ani

[Idassamed]

1 minute ago, Spartan said:

mahanadu nadustundi kada...pasupacha ga undi....koncham erraga maruddam ani

[DiscoKing]

KCR biopic release ayaka anni set avutay 

[mettastar]

Funds vere side diverting emo .. revenue unna pay cheyatledu ante 

[Spartan]

3 minutes ago, mettastar said:

Funds vere side diverting emo .. revenue unna pay cheyatledu ante 

Kalvakuntla. estates... already amassed 10K Crores ni talk.

harish got 1K and sidelined.

migita vallani tinanivvatledu. only family.

vallu adigite..mekenduku elections ki nenu funding chesta kada..keep calm and beleive in me antunnad anta KCR.

10K lo next elections ki 2K pettina, adi odipoina..malli next elections ki vadideggara inko 4K untai pettadaniki.

looks like a plan.

 

[Android_Halwa]

12 minutes ago, Spartan said:

Kalvakuntla. estates... already amassed 10K Crores ni talk.

harish got 1K and sidelined.

migita vallani tinanivvatledu. only family.

vallu adigite..mekenduku elections ki nenu funding chesta kada..keep calm and beleive in me antunnad anta KCR.

10K lo next elections ki 2K pettina, adi odipoina..malli next elections ki vadideggara inko 4K untai pettadaniki.

looks like a plan.

 

Enthaina ex-TDP kada...babu gari training...evarini tinaniyadu, okkade tintadu...

[mettastar]

19 minutes ago, Spartan said:

Kalvakuntla. estates... already amassed 10K Crores ni talk.

harish got 1K and sidelined.

migita vallani tinanivvatledu. only family.

vallu adigite..mekenduku elections ki nenu funding chesta kada..keep calm and beleive in me antunnad anta KCR.

10K lo next elections ki 2K pettina, adi odipoina..malli next elections ki vadideggara inko 4K untai pettadaniki.

looks like a plan.

 

White etla chestharu 

[Picha lite]

Okariki happy news inkokariki sad news 

[LordOfMud]

45 minutes ago, mettastar said:

White etla chestharu 

Hand tho.........

[alpachinao]

Ante next 10 yrs lo evvadu cm ayina biscuit annamata

[idibezwada]

1 hour ago, Android_Halwa said:

Enthaina ex-TDP kada...babu gari training...evarini tinaniyadu, okkade tintadu...

Ante ante.. 

[reality]

I am sensing something ominous too with TRS govt, lately...

aa lowada TDP elagu 10gipoyindhi...

Congi daddammalu...BJP lack of leadership...Jeffa and pawala gadu adugu kuda pettaleru...

Telangana badly needs an alternative..,

[reality]

BJP in TG has brighter chance if they up the game by 200%...and at the same time, they have better chance than their peers...