AP Budget 2014: Highlights

Finance Minister Yanamala Rama Krishnudu had introduced the first Budget of Andhra Pradesh after the state division.The total budget of the state amounts to 1,11,884 Crore with more than 25000 Crore deficit.

Yanamala tried to incorporate all the election promises of Telugu Desam Party. The new budget also have several mentions of development plans establishing airports, IIITs, Ports, Promoting Tourism etc and Yanamala reiterated that his government is determined to make Andhra Pradesh as Swarna Andhra Pradesh.

This is also TDP government’s budget after 10 years. Yanamala chose to spare the people with no new taxes in this budget.

Total Budget: Rs 1,11,824 crore (Plan Expenditure: Rs 26,000 crore, Non-Plan Expenditure: Rs 85,15,100 crore).

Farm Loan Waiver: Rs 1.5 lakh per family

* Total budget Rs 1,11, 884 crores

* Gross State Domestic Product for the year 2012-13: Rs .4,19,391 crores

* Gross State Domestic Product for the year 2013-14: Rs 4, 75.859 crores

* Revenue deficit Rs. 6,064 crores

* Fiscal deficit Rs 12, 064 crore

* Vision 20-29 formula proposal

* Sectors related to Agriculture Rs. 8,808 crores

* Tribal Welfare Rs. 1150 crores

* Social Welfare dept Rs. 2,657 crores

* Minority Welfare Rs. 3,371 crores

* Water irrigation Rs. 8,467 crores

* Rural Development Rs. 6094 crores

* For Law & Order Rs. 3,339 crores

* Disaster management

* Energy sector Rs 7164 crore

* R & B Rs.2, 612 crore

* Environment, forests, Science and Technology Rs. 418 crore

* Higher education Rs .2,272 crore

* Intermediate Education Rs. 812 crore

* School education Rs 12, 595 crore

* Health and Family Welfare Rs 4,388 crore

* Women and Child Welfare Rs. 1059 crores

* Social Welfare dept Rs. 2,657 crores

* Urban developement Rs .3,134 crore

* Water supply for villages Rs .1152 crore

* Panchayat Raj Rs. 4260 crore

* Tribal welfare Rs.1150 crore

* BC welfare Rs. 3,130 crore

* Minority welfare Rs .3.371

* loan waiver for each family Rs. 1.50 lakh

* Welfare of the Handicapped Rs. 65 crores

* Youth Services Rs.126 crores

* Tourism and cultural sector Rs. 113 crore

* House Constructions Rs.8,808 crores

* IT Sector Rs. Rs .111 crore

* Civil Supplies Rs.2318 crore

* Rural developemenr Rs .6094 crore

* Per capita income for the year 2012-13 Rs. 76, 041

* Per capita income for the year 2013-14 Rs. 85.795 an increase of Rs 12 thousand crore was seen