National News
Telangana presents Rs 2.56 lakh crore budget
Telangana Finance Minister T. Harish Rao on Monday presented a Rs 2.56 lakh crore budget for financial year 2022-23, up from last year’s budget size of Rs 2.31 lakh crore.
Presenting the budget in the Assembly, he proposed total expenditure of Rs 2,56,958.51 crore. Out of this, revenue expenditure is Rs 1,89,274.82 crore and capital expenditure is Rs 29,728.44 crore.
The government allocated Rs 17,700 crore for Dalit Bandhu, a new scheme launched last year on pilot basis for economic empowerment of Dalits. Under the scheme, every Dalit family will get Rs 10 lakh grant for any entrepreneurial activity of its choice.
Harish Rao called it a historic and first of its kind scheme in the country providing the highest amount of assistance directly to the beneficiary.
In all the Assembly segments of the state, 11,800 families would get the benefit at the rate of 100 families per Assembly segment.
He said by the end of the next financial year, the programme would cover two lakh families, and the government is determined to cover all the Dalit families in the state in a phased manner.
Stating that Telangana recovered much faster following the aftermath of the Covid pandemic, Harish Rao said as per the advance estimates, the GSDP growth in 2021-22 is estimated at 11.2 per cent, at constant prices, as compared with the national GDP growth of 8.9 per cent.
At current prices, GSDP growth is estimated at 19.1 per cent as compared with the estimated GDP growth of 19.4 per cent.
He pointed out that the GSDP of Telangana in 2013-14, at the time of the state’s formation (2014) was Rs 4,51,580 crore, and by 2021-22, it has gone up to Rs 11,54,860 crore.
At the country level, during 2020-21, there was a negative growth rate of (-) 1.4 per cent due to the adverse impact of corona, and many states also registered negative growth rates. But Telangana clocked a positive growth rate of 2.2 per cent during 2020-21, he said.
“The fact that Telangana withstood the havoc of the pandemic is a testimony to the strong foundations laid since the formation of the state for sustained and resilient economy.”
The contribution of Telangana to the country’s GDP improved from 4.06 per cent in 2014-15 to 4.97 per cent in 2021-22. During the last seven years, Telangana is the only state in the country whose contribution in the national economy has grown by almost 1 per cent, the minister said.
He said that the growth of Telangana has become much more broad-based. Industry and services sectors recorded impressive growth over 2020-21, and the secondary sector consisting of manufacturing and construction recorded an impressive growth of 21.5 per cent in current prices over contraction of 0.3 per cent in 2020-21.
The services sector too improved its performance significantly to 18.3 per cent in the current year over the previous year’s growth of 0.9 per cent.
He claimed that in terms of growth of per capita income, Telangana’s performance has been spectacular. In 2014-15, the per capita income of Telangana at Rs 1,24,104 was higher than the national per capita income of Rs 86,647 by 1.43 times. By 2021-22, the per capita income of the state at Rs 2,78,833 exceeded the national average of Rs 1,49,848 by 1.86 times.
The state recorded a higher growth of 18.8 per cent in per capita income in 2021-22 as compared with the national growth of 18.1 per cent. In 2020-21, Telangana is a top-ranking state in per capita income among all the southern states. This is the achievement of the people of Telangana, he said.
Harish Rao said Telangana maintained its growth momentum even in adverse situations and that it has emerged as an economic powerhouse and as one of the fastest-growing states in the country.
He slammed the Centre for discrimination towards the state, and creating hurdles in the path of progress of the State, saying that instead of incentivising the states which are progressing, the Centre is trying to actively discourage them.
Harish Rao said the promises made in the Reorganisation Act are also not yet fulfilled. “As if this was not enough, whenever there is a discussion on the formation of Telangana, it is commented that it is like – ‘killing the mother for saving the baby’. These comments made by the elders at the Centre are an insult to the people of Telangana.”
Noting that the Information Technology and Investment Region project allocated to Telangana was cancelled, he said that 9 districts of the erstwhile state were notified as backward districts, but the grant which was supposed to be given to these districts is delayed. On one hand, the Centre talks about cooperative federalism, but on the other, it acts against the spirit of federalism and is encroaching on the powers of the state, he said.
He recalled that NITI Aayog had recommended that an amount of Rs 24,205 crore be released for Mission Bhagiratha and Mission Kakatiya schemes, but “the Centre has not even released 24 paise”.
The 15th Finance Commission has recommended that during 2020-21, an amount of Rs 723 crore is to be given to Telangana as a special grant, but the same was disregarded.
State specific grants of Rs 2,362 crore and sector specific grants of Rs 3,024 crore were also denied. In all, a sum of Rs 5,386 crore were denied to Telangana by the Centre, which did not even extend financial assistance to tackle Covid-19 pandemic, he said.
The enhanced borrowing under FRBM was linked to reforms in the power sector, and Telangana will be deprived of Rs 25,000 crore over the next five years, he said, adding that the “autocratic attitude of the Centre can be understood from this”.
“For the sake of these Rs 25,000 crore, the state has to implement a series of reforms in the power sector which are particularly against the farming community interests. The state government is not interested in making the farmers pay for the power which is being provided to them. That is not the policy of Telangana state. Chief Minister KCR has told Centre that such a policy would not be implemented as long as he is alive.”
Business
India, New Zealand set to sign FTA for improved market access on April 27

New Delhi, April 24: As India and New Zealand prepare to sign a Free Trade Agreement (FTA) on Monday, both sides are expected to benefit from expanded trade ties and improved market access, New Zealand Prime Minister Christopher Luxon has said.
Taking to the social media platform X, Luxon said, “We will sign a Free Trade Agreement with India on Monday.”
In a video message, Luxon said the agreement would improve market access for New Zealand exporters, particularly manufacturers of marine jet systems used in boats and exported to over 70 countries.
He added that the deal would help reduce trade barriers and strengthen commercial engagement between the two countries.
He also noted that certain exporters currently face tariffs while accessing the Indian market, and said the agreement would gradually ease such duties, improving competitiveness and supporting higher trade flows.
Luxon said the FTA would support increased business activity, employment opportunities and economic growth in New Zealand, while also strengthening bilateral trade linkages with India.
He added that the agreement would bring ‘more jobs, higher wages and more opportunities,’ highlighting the broader economic impact of the deal.
Once signed, the FTA is expected to expand trade and investment ties between the two countries and enhance export opportunities on both sides in a large and growing global market environment.
Earlier this month, legal verification of the New Zealand-India FTA was completed, with both countries agreeing to sign the pact on April 27 in the presence of a large contingent of business representatives, New Zealand Trade and Investment Minister Todd McClay said.
In a statement, McClay described the agreement as a “once-in-a-generation opportunity,” saying it would strengthen bilateral trade relations and provide improved access to each other’s markets.
He said that amid global economic and geopolitical uncertainty, strengthening trade partnerships remains important for long-term economic stability.
McClay added that signing the FTA would allow New Zealand to formally initiate parliamentary treaty examination, enabling public scrutiny of the agreement.
Crime
Delhi Police bust illegal LPG racket in Palam-Dwarka; 137 cylinders seized

New Delhi, April 23: In a major breakthrough, the AGS/Crime Branch of Delhi Police, acting on specific and credible intelligence, carried out coordinated raids at multiple locations in the Palam and Dwarka areas, uncovering a large-scale illegal operation involving the unauthorised storage and refilling of LPG cylinders, officials said on Thursday.
The crackdown resulted in the recovery of 137 LPG cylinders along with refilling equipment, exposing serious violations of safety norms and regulatory guidelines. Officials said the operation points to a deliberate misuse of the LPG distribution system.
Keeping in view the prevailing circumstances, and as a preventive step against hoarding and black marketing of LPG cylinders, a dedicated team was constituted to identify and apprehend those involved in such activities.
The team comprised Inspector Krishan Kumar, along with Sub-Inspectors Narender Kumar and Agam Prasad; Assistant Sub-Inspectors Surender, Mintu, and Deepak; Head Constable Shyam Sunder; and Constable Dheeraj. The operation was carried out under the close supervision of ACP Bhagwati Prasad, ACP/AGS, and overall supervision of IPS officer Harsh Indora, DCP/Crime Branch.
Following sustained groundwork, specific and credible secret information was received regarding hoarding and illegal refilling of LPG cylinders in the Dwarka and Palam areas of Delhi.
Acting on the input, a raiding team was formed, and a search operation was conducted at JJ Colony, Sector-7, Dwarka. During the raid, 77 LPG cylinders were found stored at the premises. Some cylinders were also discovered loaded in vehicles present at the spot.
The following persons, all residents of Delhi, were found present along with their vehicles — Arjun (45), a resident of Bagdola; Surajpal Pandey (42), resident of Raj Nagar-II, Palam Colony; Amarjeet Kumar (28), resident of Raj Nagar-II, Palam Colony; Prempal Singh (52), resident of Raj Nagar-II, Palam Colony; Sukh Ram (48), resident of Goyla Dairy, Kutub Vihar Phase-1; and Vikram (42), resident of Dada Dev Road, Dev Kunj, Palam.
When questioned about the possession of such a large number of LPG cylinders, they failed to produce any valid documents or a satisfactory explanation. Subsequent interrogation led to further raids at two additional locations.
In a second recovery, 25 LPG cylinders were seized from a tempo parked near the premises. The owner of the vehicle, Malkhan (59), a resident of Sector-7, Dwarka, was found present at the spot.
A third recovery led to the seizure of 35 LPG cylinders from premises in Gali No. 6, near Bachpan Play School, Dev Kunj, Raj Nagar-II, Palam Colony, where the cylinders were stocked in an open area adjoining a house.
At this location, the following persons were found present: Raju Rai, a resident of Manglapuri Phase-II; Chander Pal, a resident of Palam Dada Dev Road; Bablu, a resident of Goyla Dairy; and Sujeet Kumar, a resident of Shyam Vihar Phase-1.
Considering the scale of the recovery, the Food and Supply Officer (FSO), Palam-Dwarka, was informed and called to the spot. The official stated that such accumulation of LPG cylinders is not authorised without proper permission. In his presence, all the recovered cylinders were seized.
The FSO subsequently informed the Senior Manager (LPGS), New Delhi and South-West District, and the case property was handed over to Shivam Jain, Senior Manager (LPGS).
All the accused persons have been apprehended. Investigations revealed that they were illegally storing domestic LPG cylinders for black market purposes and were involved in unauthorised refilling and tampering of cylinders, officials said.
A case has been registered at the Crime Branch police station under Sections 125/3(5) of the BNS and Section 3/7 of the Essential Commodities Act, 1955.
During interrogation, it emerged that the accused had procured LPG cylinders from a gas agency, but instead of delivering them as per the assigned targets, they diverted and stored them illegally at the identified premises.
They maintained an unauthorised stock and used illegal equipment to transfer gas from filled cylinders into empty ones, which were then sold in the open market for unlawful gains.
Further investigation into the matter is currently underway.
Mumbai Press Exclusive News
Employee arrested from UP for stealing from Mumbai spice shop, cash recovered

The police have claimed to have arrested an employee thief who stole Rs 13,86,200 from a spice shop in the Kala Chowki area of Mumbai from UP Ayodhya, Uttar Pradesh. The money collected for 8 days at the spice shop in the Kala Chowki area was kept in the grain and the next day the complainant shop owner searched for the money in the grain but did not find it. After that, he filed a report at the police station and the police conducted an inquiry and found that the employee working at the shop had been absent since morning, which made the police suspicious and the police arrested Ajay Kumar Shyam Sundar from Ayodhya, UP and recovered more than Rs 10 lakh in cash from his possession. This operation was solved by DCP Ragasudha on the instructions of Mumbai Police Commissioner Devin Bharti and the police have succeeded in arresting the accused from UP.
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