Andhra Pradesh Budget LIVE Updates: ₹29,909 Crore Allocated for School Education, ₹16,739 Crore for Panchayat Raj and Rural Development in FY25
Explore the Andhra Pradesh State Budget for FY 2024-2025, with a focus on key sector allocations, financial strategies, and significant schemes like free bus services for women and the Thalliki Vandanam initiative.
AP Budget
The Andhra Pradesh Legislative Assembly has commenced its sessions, with Finance Minister Payyavula Keshav presenting thestate budget for the financial year 2024-2025state budget for the financial year 2024-2025. The budget, amounting to ₹2,94,427.25 crores, outlines the government's spending priorities, including significant allocations to key sectors.
The budget specifies a revenue expenditure of ₹2,35,916.99 crores and a capital expenditure of ₹32,712.84 crores. It also forecasts a revenue deficit of ₹34,743.38 crores and a fiscal deficit of ₹68,742.65 crores.
Minister Keshav, in his speech, reaffirmed the government's commitment to fulfilling the promises made under the leadership of Chief Minister Chandrababu, despite the challenges faced. Notably, the budget includes provisions for the 'Thalliki Vandanam' scheme, aimed at supporting mothers of students in government and private schools. Additionally, the government plans to introduce free bus travel for women soon.
Department-wise allocations include:
- School Education: ₹29,909 crores
- Agriculture and Allied Sectors: ₹11,855 crores
- SC Welfare: ₹18,497 crores
- ST Welfare: ₹7,557 crores
- BC Welfare: ₹39,007 crores
- Welfare of Minorities: ₹4,376 crores
- Women & Child Welfare: ₹4,285 crores
- Health Sector: ₹18,421 crores
- Panchayati Raj & Rural Development: ₹16,739 crores
- Urban Development: ₹11,490 crores
- Housing Construction: ₹4,012 crores
- Water Resources: ₹16,705 crores
- Industries & Commerce: ₹3,127 crores
- Energy Sector: ₹8,207 crores
- Transport, Roads, Buildings: ₹9,554 crores
- Youth, Tourism, Culture: ₹322 crores
- Police Department: ₹8,495 crores
- Environment, Forest, Science & Technology: ₹687 crores
These allocations reflect the government's focus on diverse sectors, from education and welfare to infrastructure and energy, aimed at fostering balanced growth across the state.