No injustice done to Telangana in budgetary allocations: Sitharaman
Telangana

No injustice done to Telangana in budgetary allocations: Sitharaman

Agency News

Hyderabad, Feb 16: Union Finance Minister Nirmala Sitharaman on Sunday denied any injustice meted out to Telangana in budgetary allocations, days after the people of the Telugu state claimed of getting a raw deal in budget 2020.

Replying to reporters queries at a news conference here, she said that the allocations were made as per the recommendations of the Finance Commission.

She said one per cent reduction in allocations from earlier 42 per cent to 41 per cent to states was also done as per the Finance Commission recommendation.

The minister said that compared to allocations between 2010-15, the central allocations to Telangana had gone by 128 per cent which was now 1.07 lakh crores.

She denied that the state's share from the Goods and Services Tax was reduced.

Ms Sitharaman dismissed the charge that the delay in the execution of railway projects in the state was due to non-allocation of funds adding that the delay was due to local issues.

Earlier, holding an interactive session with the representatives of industry, she said that the 2020-21 budget was prepared keeping in view the Fiscal Responsibility and Budget Management.

She said she would be remembered for presenting the largest prepared budget. (UNI)

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