Finance Minister Yanamala Ramakrishnudu presented Andhra Pradesh Budget for the financial year 2018-19 Today. He claimed a Budget to the tune of Rs 1.91 lakh crore is being presented with the aim of making every citizen in the state a happy person. Compared to the budget 2017-18, There is an increase of 21.69 percent this year.
Revenue Surplus is projected as Rs 5,235 crore
Fiscal Deficit is estimated to be Rs 24,205 crore which is over Rs 3,000 crore lower than that of last financial year.
Per Capita Income of the state increased to Rs 1,42,054 in 2017-18 from Rs 1,23,664 in 2016-17. The growth is about 14.87 percent.
Key Allocations:
Education - Rs 24,185 crore
Rural Development - Rs 20,815 crore
Irrigation - Rs 16,978 crore
Welfare Schemes - Rs 13,722 crore (increase of 20.78 percent)
Agriculture and Allied Services - Rs 12,355 crore
BC Welfare: Rs 12,200 crore
Polavaram: Rs 9,000 crore
Home Ministry: Rs 6,226 crore
Fuel Sector: 5,052 crore
Transportation: Rs 4,353 crore
Farm Loan Waiver: Rs 4,100 crore
Drinking Water and Sanitation: Rs 2,623 crore
Kapu Welfare: Rs 1,000 crore
Employment Creation: Rs 912 crore
Fibre Grid: Rs 600 crore
Tourism Ministry: Rs 290 crore
Med Tech Zone: Rs 270 crore
Anna Canteen: Rs 200 crore
Start-Ups: Rs 100 crore
NTR Jalasiri: Rs 100 crore
Toddy Workers Welfare: Rs 70 crore
Medharulu Welfare/Nayi Brahmins Welfare/Vaishya Welfare: Rs 30 crore each
Transgender Welfare: Rs 20 crore
Finance Minister estimates Revenue Expenditure could touch Rs 1.5 lakh crore (increase of 19.35 percent) and Capital Expenditure Rs 28,678 crore (increase of 30.60 percent) in financial year 2018-19.
Revenue Surplus is projected as Rs 5,235 crore
Fiscal Deficit is estimated to be Rs 24,205 crore which is over Rs 3,000 crore lower than that of last financial year.
Per Capita Income of the state increased to Rs 1,42,054 in 2017-18 from Rs 1,23,664 in 2016-17. The growth is about 14.87 percent.
Key Allocations:
Education - Rs 24,185 crore
Rural Development - Rs 20,815 crore
Irrigation - Rs 16,978 crore
Welfare Schemes - Rs 13,722 crore (increase of 20.78 percent)
Agriculture and Allied Services - Rs 12,355 crore
BC Welfare: Rs 12,200 crore
Polavaram: Rs 9,000 crore
Home Ministry: Rs 6,226 crore
Fuel Sector: 5,052 crore
Transportation: Rs 4,353 crore
Farm Loan Waiver: Rs 4,100 crore
Drinking Water and Sanitation: Rs 2,623 crore
Kapu Welfare: Rs 1,000 crore
Employment Creation: Rs 912 crore
Fibre Grid: Rs 600 crore
Tourism Ministry: Rs 290 crore
Med Tech Zone: Rs 270 crore
Anna Canteen: Rs 200 crore
Start-Ups: Rs 100 crore
NTR Jalasiri: Rs 100 crore
Toddy Workers Welfare: Rs 70 crore
Medharulu Welfare/Nayi Brahmins Welfare/Vaishya Welfare: Rs 30 crore each
Transgender Welfare: Rs 20 crore
Finance Minister estimates Revenue Expenditure could touch Rs 1.5 lakh crore (increase of 19.35 percent) and Capital Expenditure Rs 28,678 crore (increase of 30.60 percent) in financial year 2018-19.