{"id":9888,"date":"2024-06-14T14:31:14","date_gmt":"2024-06-14T14:31:14","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=9888"},"modified":"2024-06-14T14:31:14","modified_gmt":"2024-06-14T14:31:14","slug":"telangana-spirals-out-of-pandemic-cloud-with-rs-1000-crore-revenue-surplus","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/telangana-spirals-out-of-pandemic-cloud-with-rs-1000-crore-revenue-surplus\/","title":{"rendered":"Telangana spirals out of pandemic cloud with Rs 1,000 crore revenue surplus"},"content":{"rendered":"

Telanganahas shown promising signs of recovery from the pandemic in the first couple of months of this fiscal, with the state recording a revenue surplus of 1,042 crore.<\/p>\n

The state has also spent 18% of its budget on , which is the second highest in the country, as per the Comptroller and Auditor General (CAG<\/a>) monthly report at the end of May.<\/p>\n

As per the CAG reports for other states, apart from Telangana<\/a> (18%), states which have spent more than 10% of the budgeted estimates on capital expenditure for April and May are Andhra Pradesh (29.7%), Haryana (13.7%),Rajasthan(13 %),Madhya Pradesh(12.6%) andKerala(10.7%).<\/p>\n

The financial recovery of the state can also be gauged from the fact that while last year there was a general decline in the frequency of use of overdraft facility (special drawing facilities) by many states in India, Telangana and AP continued to use it, suggesting they may have been experiencing periods of low liquidity. But this year the high spend on capital expenditure is indicative of recovery in the two states.<\/p>\n","protected":false},"excerpt":{"rendered":"

Telanganahas shown promising signs of recovery from the pandemic in the first couple of months of this fiscal, with the state recording a revenue surplus of 1,042 crore. The state has also spent 18% of its budget on , which is the second highest in the country, as per the Comptroller and Auditor General (CAG) … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1097],"tags":[845],"class_list":["post-9888","post","type-post","status-publish","format-standard","hentry","category-telangana","tag-16-17-07-23"],"yoast_head":"\nTelangana spirals out of pandemic cloud with Rs 1,000 crore revenue surplus - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/telangana-spirals-out-of-pandemic-cloud-with-rs-1000-crore-revenue-surplus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telangana spirals out of pandemic cloud with Rs 1,000 crore revenue surplus\" \/>\n<meta property=\"og:description\" content=\"Telanganahas shown promising signs of recovery from the pandemic in the first couple of months of this fiscal, with the state recording a revenue surplus of 1,042 crore. The state has also spent 18% of its budget on , which is the second highest in the country, as per the Comptroller and Auditor General (CAG) ... 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The state has also spent 18% of its budget on , which is the second highest in the country, as per the Comptroller and Auditor General (CAG) ... 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