Hyderabad, Aug.9 (Hydnow): The State Cabinet meeting will be chaired by Chief Minister K Chandrashekar Rao at Pragati Bhavan at 3 pm on Thursday.
With the Central government cutting down and delaying funding to Telangana beyond tax devolution, the Cabinet is likely to be discussed the mobilization of additional resources for the State and other issues.
The union government has been imposing severe cuts in funds being released to Telangana since last fiscal. Though the State government planned to raise over Rs 15,000 crore through open market borrowings, the Centre did not approve the proposals until recently.
The Cabinet is also likely to be discussed the demand for increased borrowings under the FRBM Act. It may also discuss the Munugodu Assembly by-election following the resignation of sitting MLA Komatireddy Rajagopal Reddy. (Hydnow)
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