Honourable
Chief Minister K Chandrashekhar Rao has described the Budget presented by
Finance Minister Sri Etela Rajender today as the one useful for welfare of the
people and for the progress of the State’s economic development. He said that the Budget is a deviation from
the traditional Budget, based on the ground realties and is a perfect match to
the needs of the State. The CM is hopeful that the Budget will strengthen the
rural economy. He hailed the Finance Minister for giving equal importance to
all sectors and for giving justice to all thereby balancing all sections. He is
also happy that in the Budget allocations are made for the betterment of the
lives of the Poor, women and small level employees. The CM is particularly
happy the way large funds are given to the SC/ST/BC/Minorities/ people in
hereditary professions. He also congratulated the Finance Minister for giving
more allocations to the sectors that were neglected under the united AP rule.
The Budget is formulated after properly estimating the financial resources in
the state, having a good understanding of the actual needs and to utilise the
human resources. Though the Centre made
changes, the State Finance ministry quite efficiently had allocated funds for
the progress and administrative Heads. He said it is a good development that an
effort is made to reduce the administrative expenditure and instead increase
expenditure on welfare, development and progressive schemes. He congratulated Etela Rajender, Principal secretary (Finance) Ramakrishna Rao, Finance
Secretary Sandeep Sultania, Advisor
GR Reddy and the CMO officials for preparing such a good Budget.
Ministers and MLAs thank the CM
Several
Ministers, MLAs have met the CM in his Chambers in the Legislative Assembly and
congratulated him on the Budget which is aimed at strengthening the rural
economy. Under the leadership of
Minister Sri T Srinivas Yadav, leaders of Yadav and Kuruma Community have
gifted the CM with a flock of Sheep and the fishermen presented the CM with a
fishing net. The women legislators have congratulated and thanked the CM for
enhancing the funds under Kalyan Laxmi/Shaadi Mubarak Schemes and for
announcing special cash money for delivery of the pregnant women.
-Press note











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