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The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

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State scouts for additional resources to meet commitments
2026-05-22 · via The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

Hyderabad

With Telangana unable to achieve the expected revenue receipts in the last two years, the State Government has focused on measures to enhance revenues from existing sources and plugging leakages.

The first step in this direction is revision of land and registration values across the State, effective May 28. Officials have also finalised guidelines pertaining to land forming part of the Hyderabad Industrial Land Transformation policy and the finer details will be announced soon.

The Cabinet sub-committee on resource mobilisation, which met here on Friday, took stock of the situation. The meeting was held after the provisional figures of the State’s performance in 2025-26 were released recently. The State Government could achieve revenue receipts of around 80% of the Budget estimates during the previous fiscal with borrowings constituting a major share. Interestingly, the provisional details pertaining to April are not disclosed yet.

In this background, the Cabinet panel headed by Deputy Chief Minister Mallu Bhatti Vikramarka and comprising Ministers N. Uttam Kumar Reddy and D. Sridhar Babu directed officials of the revenue earning departments to focus on additional revenue resources. Steps should be taken to raise revenue in line with the budget requirements for the fiscal year.

The meeting also reviewed progress of various departments and discussed the scope for raising additional resources. The Deputy Chief Minister exhorted officials to tap all available resources to achieve the targets set in the Budget for the current year.

Mr. Uttam Kumar Reddy wanted strict action against illegal activities that were causing losses to the State exchequer.

Published - May 22, 2026 08:40 pm IST