The dire financial condition of Telangana has a link to low allocations for crucial sectors such as Health and Education, according to the Telangana State Finances - White Paper released by the State’s finance department in the Legislative Assembly on Wednesday.
The White Paper highlighted that Telangana’s budgeted expenditure on Education and Health is among the lowest in the country when compared to the total expenditure. The State of State Finances report from PRS (October 2023) revealed that, for the fiscal year 2023-24, Telangana is projected to allocate only 5% of its overall budgeted expenditure to Health & Family Welfare, ranking it as the fourth lowest in the nation and falling 1.2% points below the national average of 6.2%.
The report also stressed the impact of high out-of-pocket healthcare expenditure, particularly on the economically disadvantaged.
