Hyderabad, March 21 -- Telangana deputy chief minister Mallu Bhatti Vikramarka on Wednesday presented the state's annual budget for the financial year 2026-27, with a total of outlay of Rs.3,24,234 crore, which exceeded last year's outlay by over Rs.20,000 crore.

Vikramarka, who also holds the finance portfolio, projected a revenue expenditure of Rs.2,34,406 crore, and capital expenditure of Rs.47,627 crore. The state has recorded a 10.7% growth rate in the Gross State Domestic Product, pegged at Rs.17,82,198 crore, he said.

"This is 2.7% higher than the country's average GDP growth rate of 8% during the same period. Likewise, the State's GSDP accounts for 5.0% of the national GDP, making Telangana a strong growth engine for the country...