Telangana may need to cut down welfare

Hyderabad: The state government will have to rework its populist schemes if it wants to get more funds from the 15th Finance Commission, which the Centre set up recently. The commission will make recommendations on devolution of funds to states and parameters to be adopted to offer fiscal incentives.

Reining in spending on populist schemes is a critical criteria the Commission will adopt to offer fiscal incentives.The burden on account of populist schemes in the state has touched Rs 40,000 crore a year, and the government is coming out with populist schemes almost every month.