Summary:
“In 2019-20, the estimated revenue surplus is Rs 6,564 crore and fiscal deficit is Rs 27,749 crore,” Rao said in his budget speech. He proposed Rs 1,810 crore in the Budget to introduce unemployment allowance of Rs 3,016 per month to the eligible. “The state’s own revenues for Budget Estimate (BE) of 2019-20 are at Rs 94,776 crore in comparison with Revised Estimate (RE) of 2018-19 at Rs 72,777 crore,” Rao said. Transfers from the Centre as per BE 2019-20 is Rs 22,835 crore, while in RE 2018-19, these are estimated at Rs 28,042 crore, he said. “For differently abled persons, I propose to increase their monthly pensions from Rs 1,500 to Rs 3,016..