Hyderabad gets ₹10,000 crore in Telangana Budget
The Hindu
Telangana capital region, including GHMC, receives significant financial boost in FY 2024-25 budget from State government.
The capital region of Telangana — especially the Greater Hyderabad Municipal Corporation (GHMC) — has finally received the attention it had not seen for a decade in terms of financial assistance from the State government.
In the budget for financial year (FY) 2024-25, the government has allocated over ₹9,500 crore for the Core Urban Region (CUR), encompassing the area within the Outer Ring Road (ORR), including the GHMC.
This amount will be distributed among the GHMC, Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB), Hyderabad Metro Rail, Musi Riverfront Development Corporation and other institutions. An additional ₹500 crore has been given to Hyderabad Metropolitan Development Authority.
Of the total sum, the largest pie of ₹3,385 crore is allocated to the HMWS&SB, which is tasked with installing sewage treatment plants all along the Musi river as part of the Musi River Front Development Project, which itself got a funding of ₹1,500 crore.
The newly constituted Hyderabad Disaster Response and Asset Protection Agency (HYDRAA), which has been designated as an independent authority with part funding from the government and part from the beneficiary agencies, got an allocation of ₹200 crore.
Extension of the Metro Rail to the Old City got ₹500 crore and up to Airport, ₹100 crore. Hyderabad Growth Corridor Limited for the ORR got ₹200 crore. The MMTS was allocated ₹50 crore, and Quli Qutb Shah Urban Development Authority received ₹13.38 crore.
Presenting the Budget in the Assembly on Thursday, Minister for Finance Bhatti Vikramarka Mallu said that the population within the CUR constitutes 48.6% of the State’s total and that the region is crucial for the State’s economy and its GSDP growth.
Governor Thaawarchand Gehlot has sought a report from the State government on a complaint that the Mysuru Urban Development Authority (MUDA) had taken up works amounting to ₹387 crore in violation of rules in Varuna and Srirangapatna Assembly constituencies, allegedly on Chief Minister Siddaramaiah’s oral instructions.
“We are organising a health research convention, which comprises a couple of workshops, community-based learning, and also cardiac care. We also included a one-day seminar on medical education, how medical education has evolved in India and the U.K., and what we can learn from each other” said Dr. Piruthivi Sukumar Dean of the International Faculty of Medicine & Health, University of Leeds during his interaction with The Hindu.