Telangana Q1 Revenue: 61% of ₹37,221 Crore Spent on Salaries, Pensions, and Interest Payments

Rapid Summary

• Telangana’s revenue receipts stood at ₹37,221 crore by the end of the first quarter (April to June) for FY 2025-26, just 16.24% of the projected ₹2.29 lakh crore.
• Total receipts, including borrowings of ₹20,266 crore, amounted to ₹57,499 crore (21.06% of budget estimates).
• Tax revenue collected was ₹35,721 crore (20.38% of projected ₹1.75 lakh crore).

– Earnings: Goods and Services Tax contributed ₹12,622 crore; Registration & Stamps accounts for ₹3,712 crore; State Excise duties were at a low contribution-₹4,595 crore.
– Grants in Aid and Contributions: Only 1.9% realization against projections.
– Non-tax revenue accrued just 3.37%.

• Expenditure details:

– Salaries/wages accounted for ₹11,608 crore; pensions at ₹4,572 crore.
– Subsidy expenditure-including free power-was pegged at ₹5,932 crore.
– Interest payments were already high at 34.97% (~₹6,772 cr.) of projections for the fiscal year.

• Fiscal metrics:

– Revenue deficit reached a notable figure: ~₹10,582 cr., compared with an expected surplus (~₹2K+ cr.).- Fiscal deficit stands relatively sharp = (+Mark Differentials comparing B.Estimate Otherwise Calculus interpretation Logical Reach Ends projection analysis marked those Signs*)

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