Hyderabad, March 20 -- Telangana finance minister Mallu Bhatti Vikramarka on Wednesday presented a Rs.3.04 lakh crore state budget for 2025-26 in the assembly, announcing a "Mega Master Plan 2050" for industrial development not just in IT hub Hyderabad but across the Telugu state.

Tabling the financial document in the assembly, Vikramarka, who is also the deputy chief minister, proposed a total expenditure of Rs.3,04,965 crore for the upcoming financial year, with revenue expenditure of Rs.2,26,982 crore and capital expenditure of Rs.36,504 crore for FY26. Rest of the spending is loans and advances and capital disbursements (repayment of loans), which the state has not counted towards capex.

The fiscal deficit is estimated to be around ...