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Telangana govt slashes FY20 budget citing slowdown impact on state finances The government has allocated around Rs 9,000 crore for social security pensions Current Affairs :- Telangana has diminished budgetary use for 2019-20 by about 20 percent, to Rs 1.46 trillion when contrasted with the Rs 1.82 trillion it had requested in March, in the Vote-on-Account preceding the state get together decision. Showing a full Budget for FY20 (authoritatively from April 1) in the administrative get together, Chief Minister K Chandrasekhara Rao said this was done as the nation’s monetary stoppage had affected state funds in extraordinary measure. This takes the size of the yearly Telangana Budget back by two years. In FY18, the state declared Rs 1.49 trillion as the assessed spending; it later brought about an all out use of Rs 1.43 trillion. Prior, Rao had said his point was to prepare Rs 2 trillion consistently during this subsequent stretch (his administration was re-chosen for the ...