The Andhra Pradesh Assembly Sessions commenced today, with state Finance Minister Payyavula Keshav presenting the budget for the remaining financial year of 2024-25.
A total budget of Rs. 2,94,427.25 crores has been allocated for this financial year. Keshav stated that the revenue expenditure is set at Rs. 2,35,916.99 crores, and capital expenditure at Rs. 32,712.84 crores. The revenue deficit is reported as Rs. 34,743.38 crores, while the fiscal deficit stands at Rs. 68,742.65 crores.
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Payyavula Kehsav affirmed the government’s commitment to fulfilling the six key election promises. As part of these commitments, funds will be specifically allocated to the “Thalliki Vandanam” scheme.
Meanwhile, have a look at the budget allocation of the various sectors:
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– School Education: Rs. 29,909 crores
– Agriculture and Allied Activities: Rs. 11,855 crores
– Health: Rs. 18,421 crores
– Panchayat Raj Development: Rs. 16,739 crores
– Municipal and Urban Development: Rs. 11,490 crores
– Water Resources and Irrigation: Rs. 16,705 crores
– SC Welfare: Rs. 18,497 crores
– ST Welfare: Rs. 7,557 crores
– Minority Welfare: Rs. 4,376 crores
– Women and Child Welfare: Rs. 4,265 crores
– Human Resources Development: Rs. 1,215 crores
– Higher Education: Rs. 2,326 crores
– Housing: Rs. 4,012 crores
– Industries and Commerce: Rs. 3,127 crores
– Energy (Electricity): Rs. 8,207 crores
– Roads and Buildings: Rs. 9,554 crores
– Police Department: Rs. 8,495 crores
– Environment and Forest: Rs. 687 crores
– Youth, Tourism & Sports: Rs. 322 crores
