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Andhra Govt Presents Annual Budget With Outlay Of ₹3.22L-Cr
Hindustan Times Bengaluru
|March 01, 2025
Andhra Pradesh finance minister Payyavula Keshav on Friday presented the state's annual budget for the financial year 2025-26 in the state legislative assembly with an outlay of ₹3.22 lakh crore.
HYDERABAD:
It was the first full-fledged budget of the N Chandrababu Naidu government in the present tenure, after the Telugu Desam Party (TDP)-led alliance came to power in June 2024. During the 2024-25 financial year, the state government presented only vote-on-account budget.
In the latest budget, the finance minister projected an estimated revenue expenditure of ₹2.51 lakh crore and capital expenditure of over ₹40,635 crore. The estimated revenue deficit is around ₹33,185 crore (1.82% of the GSDP) and the fiscal deficit is around ₹79,926 crore (4.38% of the GSDP).
While agriculture sector got the highest allocation of ₹48,000 crore, an amount of ₹47,456 crore was allocated for the BC welfare and school education sector got an allocation of ₹31,805 crore.
The budget proposes an allocation of ₹19,264 crore for the health, medical and family welfare department and ₹18,847 crore for the panchayat raj and rural development department.
Cette histoire est tirée de l'édition March 01, 2025 de Hindustan Times Bengaluru.
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