Budget issued to Minority Finance Corporation & Urdu Academy

Telangana government has issued budget for Minority Finance Corporation and Urdu Academy. Secretary Finance K Ramakrishna Rao issued two orders in this connection. Minority Finance Corporation released Rs. 24936000 to Minority Finance Corporation towards 3rd quarterly under planned expenditure. Rs. 104936000 were allocated to the Corporation in the budget of which Rs. 52462000 were released in the first phase. After yesterday’s release Rs. 26243000 remains to be released.

Of the budget allocated for Urdu Academy Rs. 55 lakh were earmarked for grant in aid, of which Rs. 27.5 lakh have been released in the first phase. After the release of 3rd quarterly Rs. 13.75 lakh remains to be released.

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