KCR himself presents Vote-on-Account Budget for the financial year 2019-2020

By Xappie Desk, February 22, 2019 16:47 IST

KCR himself presents Vote-on-Account Budget for the financial year 2019-2020

After Nedurumalli Janardhana Reddy, the Chief Minister for the united Andhra Pradesh between 1990 and 1992, now it is KCR's turn to present the budget himself. The Chief Minister of Telangana presented the Budget for the financial year 2019-2020 today in the state legislative assembly.
 
KCR said that they chose to present a Rs 1,82,017 crore Vote-on-Account Budget for 2019-20 as the Centre also came out with Vote-on-Account budget. “We will present a full-fledged one after studying Central priorities, getting clarity on likely Central fund flows," he added.
 
Major allocation is made to the irrigation department on which the government will spend Rs 22,500 crore and next to the agriculture department with Rs 20,000 crores of allotment.
 
The Assembly also passed a resolution condemning the terrorist attacks on Central Reserve Police Force (CRPF) personnel at Pulwama in Kashmir on February 14.
 
Usually, the legislative assembly has the finance minister who presents the Budget. Even if the Chief Minister retains the portfolio, he ensures that the Budget is presented by any one of his cabinet colleagues. KCR chose to present it himself as the portfolio is with him.


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