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<h1>State budget commitments fund election guarantees while outlining financing, liabilities and measures to contain off budget borrowings.</h1> The Telangana 2025-26 budget proposes total expenditure of Rs 3,04,965 crore with revenue and capital components and allocates over Rs 56,000 crore for the six poll guarantees. Financing plans include open market borrowings, anticipated growth in own tax revenue, and measures to manage rising FRBM liabilities-projected to exceed Rs 5 lakh crore-by negotiating longer tenors and lower costs for off budget borrowings and restricting guarantees to PSUs with adequate cash flows.