Hyderabad: On Monday, Chief Minister K Chandrasekhar Rao said the budget exhibited by Finance Minister Eatala Rajender was a perfect prescription for the needs of the State based on ground realities.
Pointing out that the budget was a deviation from the conventional spending plan, the Chief Minister said it was gone for both welfare of the general population and in addition to encourage the State’s financial advancement.
“I am confident that the spending will reinforce the country economy,” he stated, and hailed the Finance Minister for giving equivalent significance to all parts and for offering equity to all, all the while, adjusting all segments.
Expressing that he was upbeat that spending assignments were made for advancement of poor people, ladies and low-level workers, Rao said he was especially cheerful that gigantic sums were apportioned for Schedule Castes, Schedule Tribes, Backward Classes, minorities and individuals in genetic callings.
He also complimented the Finance Minister for giving more allocations to sectors that were neglected during the era of combined State. “The Budget was arrived at after properly estimating the financial resources in the State, having a good understanding of the actual needs and to utilise human resources,” he said.
In spite of the fact that the Center realized changes, the State’s Finance Ministry had productively allotted assets for advancement and regulatory heads. “It forecasts well for the State that an exertion has been made to diminish managerial consumption and increment use on welfare, advancement and dynamic plans,” he said.
The Chief Minister praised Rajender, Principal Secretary (Finance) Ramakrishna Rao, Finance Secretary Sandeep Sultania, Advisor G R Reddy and the CMO authorities for get ready such a decent Budget.