State scouts for additional resources to meet commitments
The Telangana State Government is taking measures to enhance revenue due to shortfalls in the last two years. A revision of land and registration values will be implemented starting May 28, along with new guidelines for industrial land transformation. The Cabinet sub-committee is focusing on identifying additional revenue sources to meet budget targets for the current fiscal year.
- ▪Telangana has not met expected revenue receipts in the last two years.
- ▪A revision of land and registration values will take effect on May 28.
- ▪The Cabinet sub-committee is exploring additional revenue resources to meet budget requirements.
Opening excerpt (first ~120 words) tap to expand
HyderabadWith 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.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.