TG Kalyan Schemes: Money in public accounts..Finance Ministry!
Telangana is all set to take place on Republic Day. Telangana government will implement four schemes on that day. The Finance Department has prepared the necessary funds for these schemes. Officials are careful not to pay for the Farmer’s Assurance and Inideramma Spiritual Assurance schemes. The government will also launch Inideramma Houses and new ration cards on January 26.
Investment help..
Farmers will invest Rs 12,000 per acre under the assurance. Rupee. Under the Inideramma Spiritual Assurance Scheme, agricultural laborers will be given Rs 12,000 per year. These will also be deposited into the accounts of the beneficiaries twice a year as an assurance to the farmer. Under the first installment, Rs 6,000 will be deposited into the accounts.
Rs 10,000 crore is required..
Finance officials estimate that farmers will need Rs 10,000 crore just for the Kisan and Indirama Spiritual Assurance schemes. It seems that the Finance Department has already prepared the necessary funds to make payments to the beneficiaries of these schemes. The government will utilize various forms of income and credit to the government for the implementation of these schemes.
ready money..
The government has already raised Rs 3,000 crore in January. On the other hand, the government has taken a loan of Rs 10,000 crore to mortgage the TGIC land. These funds are also ready in the government. This will go smoothly for the payment process of the government for all the schemes. Those who have very less areas in respect of Kisan Recess Scheme will then deposit the money in the accounts of farmers having more land.
More loans..
The government is focusing on implementation of other schemes, salaries and development projects. However, the central government has not yet clarified the loans to be made in the last quarter. Finance officials are hopeful of getting permission from the Center for the last quarter loan. Overall, there is a possibility of borrowing up to Rs 52,000 crore in financial year 2024-25. However, the government has borrowed more than Rs 43,000 crore so far. It is expected to borrow Rs 10,000 crore soon.