Revanth Reddy stresses revenue push, asset monetisation

Chief Minister A Revanth Reddy directed Telangana government departments to strengthen revenue mobilisation, prevent leakages and prepare a realistic budget focused on pending projects. He also stressed land acquisition, asset monetisation and greater use of AI to improve governance and fund utilisation

Hyderabad: With an eye on meeting budgetary targets, Chief Minister A Revanth Reddy on Wednesday directed government departments to intensify revenue mobilisation, prevent leakages and prepare a realistic budget focused on completing pending projects and ongoing development works. He asked them to prioritise land acquisition, land pooling and asset monetisation for revenue generation.

At a high-level review meeting held at the MCRHRD Institute here, the Chief Minister instructed officials to accord top priority to enhancing revenue generation, particularly through the Hyderabad Metropolitan Development Authority (HMDA) and Telangana Industrial Infrastructure Corporation (TGIIC). He directed officials to establish a dedicated ‘chasing cell’ to ensure continuous follow-up on revenue mobilisation and pending collections.

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Revanth Reddy also called for stringent measures to curb revenue leakages in key departments, including Commercial Taxes, Excise and Mining. Stressing administrative efficiency, he said departments must strengthen their operational capabilities to achieve the targets set in line with the State Budget. He directed officials to treat land acquisition as a priority to avoid delays in development activities.

The Chief Minister emphasised greater use of technology in governance. He instructed officials to integrate beneficiary databases with the Direct Benefit Transfer (DBT) system using Artificial Intelligence (AI) to improve transparency, eliminate inefficiencies and ensure better utilisation of government funds.

Calling for a practical approach to fiscal planning, Revanth Reddy asked departments to prepare the budget based on ground realities rather than hypothetical projections. He said allocations should prioritise the completion of pending projects and ongoing infrastructure works.

He assured officials of the government’s full support in achieving revenue and development targets but made it clear that there would be no room for negligence in revenue enhancement or fund mobilisation.

Deputy Chief Minister Mallu Bhatti Vikramarka, Ministers N Uttam Kumar Reddy and Jupally Krishna Rao, Chief Secretary Sanjay Jaju, Advisor Ramakrishna Rao and other senior officials attended the meeting.