तेलंगाना राज्य बजट 2014-15 विश्लेषण

मुख्य बातें

• Telangana's maiden budget, presented on 5 November 2014, proposed Rs 1,00,637 crore of expenditure for the truncated 10-month first year — Rs 48,648 crore plan and Rs 51,989 crore non-plan outlay.
• Actual expenditure came in at Rs 62,306 crore — only 61.9% of the budgeted amount, the lowest budget-utilisation ratio in Telangana's fiscal history per CAG Finance Accounts.
• Actual revenue receipts totalled Rs 51,042 crore (10.1% of GSDP): Rs 37,477 crore from tax revenue and Rs 13,565 crore from non-tax revenue and central grants.
• Taxes on commodities and services — VAT, state excise and allied pre-GST levies — alone yielded Rs 26,784 crore, anchored by Hyderabad's commercial base.
• The state closed its first year with a revenue surplus of Rs 369 crore, ahead of the Rs 301 crore surplus originally budgeted.
• Fiscal deficit was Rs 9,410 crore — 1.9% of GSDP against the 3% FRBM ceiling, and far below the Rs 17,398 crore budgeted; the primary deficit stood at Rs 4,184 crore.
• Bifurcation under the AP Reorganisation Act left Telangana an opening outstanding debt of Rs 72,658 crore — just 14.4% of GSDP, among the lowest of major Indian states.
• Interest payments consumed Rs 5,227 crore, about 10.2% of revenue receipts, and debt repayment absorbed another Rs 1,777 crore during the year.
• Capital expenditure, including loans given and repayments, totalled Rs 11,633 crore against revenue expenditure of Rs 50,673 crore — an 18.7% capex share of total spending.
• Agriculture received Rs 7,099 crore, headlined by the Rs 4,250 crore first instalment of the crop loan waiver covering loans up to Rs 1 lakh per farmer, plus Rs 3,000 crore for free farm power.
• Irrigation schemes got Rs 6,500 crore plus Rs 2,000 crore for minor-tank restoration (the germ of Mission Kakatiya); the Rs 25,000 crore drinking water grid was seeded with Rs 2,000 crore.
• Welfare sub-plans dominated the plan side: Rs 7,579 crore for the Scheduled Castes sub-plan, Rs 4,559 crore for the Scheduled Tribes sub-plan and Rs 1,000 crore for SC land distribution.
• Telangana started statehood with a GSDP of Rs 5,05,849 crore (about 4.1% of India's GDP) and per capita income of Rs 1,24,104 — well above the national average of Rs 86,647.