AP govt presents Rs 2.29 lakh crore budget for FY 2021-22

The state's public debt will mount to Rs 3,87,125 crore in 2021-22 from Rs 3,55,874 crore the previous year as the government targeted to borrow Rs 50,525 crore afresh.

Amaravati: Andhra Pradesh government has proposed a Rs.2,29,779.27 crore budget for the financial year 2021-22.

Introducing the budget in the Assembly here on Thursday, Finance Minister Buggana Rajendranath said the estimated revenue expenditure is Rs.1,82,196 crore and capital expenditure Rs.47,582 crore.

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The revenue deficit is estimated at Rs.5,000 crore and the fiscal deficit put at Rs.37,029.79 crore. The estimated GSDP deficit was 3.49 per cent and revenue deficit 0.47 per cent.

Described as a gender-based budget, women and children were accorded priority with an outlay of Rs.47,283 crore for women and Rs.16,748 crore for children’s welfare.

Also, Rs.1,000 crore were earmarked for the fight against COVID-19 in the Rs.13,840.44 crore earmarked for the health sector.

Among the major allocations were Rs.13,237.78 crore for irrigation,

Rs.28,237 crore under BC sub-plan, Rs. 17,403 crore for SC sub-plan,

Rs.6,131 crore for ST sub-plan, Rs.7,594.6 crore for Roads and Buildings,

Rs.3,673.34 crore for industrial infrastructure,

Rs.6,637 crore for Energy sector,

Rs.3,306 crore for Kapu welfare,

Rs. 5,478 crore for EBC welfare, and Rs.1,756 crore for minority action plan.

Also, Rs. 3,845 crore for Rythu Bharosa,

Rs.2,500 for Jagananna Vidya Deevena,

Rs. 2,223.15 crore for Jagananna Vasati Deevena,

Rs.6,337 crore for YSR Asara,

Rs.4,455 crore for YSR Cheyutha,

Rs.11,210.8 crore for farmers’ schemes, and Rs.6,107 crore for Amma Vodi were allocated.

Agriculture Minister Kurasala Kannababu introduced the Agriculture budget 2021-22 separately with Rs.31.256.36 crore proposals.

The budget session began with a speech by Governor Biswabhushan Harichandan who said that Andhra Pradesh showed the way for the entire country in facing COVID.

Chief Minister YS Jaganmohan Reddy, in his address, said that the government ensured that every family was benefited by the welfare schemes.

On the COVID situation, he said he knew the value of life and therefore introduced revolutionary changes in Arogyasri scheme making available the ambulance facility within 20 minutes of a phone call.

The government had spent Rs.2,229 crore to fight against the coronavirus disease in the past 14 months, he revealed.

The opposition Telugu Desam Party legislators were conspicuous by their absence with the party boycotting the budget day meeting.

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