The Telangana government is receiving expected tax and non-tax revenue this fiscal year. Every month, the revenue has exceeded Rs.10,000 Crores, especially in the last five months. GST, Stamp and Registration, Excise and Sales Tax are all expected to be collected in the treasury.
However, it has been reported that the central government is trying to disturb Telangana in grants and contributions in a variety of ways. As a result, the state government is facing an additional financial burden. It should be noted that the Center only approved a grant of Rs 85 crore in October.
However, because of the state government’s tax income, development activities continue without any disruptions.
The state government expected tax revenue for the current financial year to be around Rs 1.26 lakh crore. However, there has been an income of Rs 70,126 crore in the first seven months. That is 55.39% of the anticipated target. When compared to the previous year 2021-22, the 7-month income was 50.7%, and tax revenue increased by 4.69%.
During the seven months, tax revenue, non-tax revenue, and grant-in-aid totaled Rs.84,515.53 crores. This corresponds to 43.78% of the government’s estimates. It recovered 32-35 percent in the first seven months of the financial year 2021-22. This year, there has been an 8.46 percent increase.
In total, the tax revenue in the first two months of this financial year, April and May, was over Rs 9,000 crore.
Centre’s bias against Telangana in awarding railway lines
Every time Telangana has claimed that the Centre was biased in awarding new railway lines or extending more projects to the state, Bharatiya Janata Party leaders and ministers have denied it.
Some even made announcements, such as the development of the Secunderabad Railway Station or the sanctioning of a Vande Bharat Express from the state. Even these have made little progress thus far.
But now, figures from the Reserve Bank of India’s latest Handbook of Statistics on Indian States confirm that Telangana leaders have been speaking the truth since 2014.
According to RBI data, the Centre has approved 1,871 kilometers of rail lines in the state in 2021. This may appear to be significant, but it is not when compared to what other states have. Uttar Pradesh, which is a BJP-ruled State, received 8,799 kilometers, while Maharashtra received 5,823 kilometers and Gujarat received 5,327 kilometers. Madhya Pradesh received 5,140 km, while Karnataka received 3,572 km.
It is crucial to mention that even a smaller state than Telangana, Jharkhand, has received more railway lines in seven years. Jharkhand received 2,182 km in 2014, 2,294 km in 2015, 2,394 km in 2016, and 2,455 km in 2017, with 2,573 km being allotted in 2021.
Telangana, on the other hand, received 1,753 km in 2014, 1,676 km in 2015, and 1,737 km in 2016, with figures never exceeding 2,000 km in seven years. It got 1,828 km in 2020 and 1,871 km in 2021.
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