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The Andhra Pradesh Finance Minister, Payyavula Keshav, presented a Budget of Rs 2,94,427 crore for the financial year 2024-25, marking a 5.40% increase from the previous year. The budget allocation includes Rs 2,35,916 crore for revenue expenditure and Rs 32,712 crore for capital expenditure. The estimated revenue deficit is around Rs 34,743 crore, with a fiscal deficit of approximately Rs 68,742 crore, accounting for 4.19% and 2.12% of the Gross State Domestic Product (GSDP) respectively.
The Andhra Pradesh Finance Minister, Payyavula Keshav, presented a Budget of Rs 2,94,427 crore for the financial year 2024-25, marking a 5.40% increase from the previous year. The budget allocation includes Rs 2,35,916 crore for revenue expenditure and Rs 32,712 crore for capital expenditure. The estimated revenue deficit is around Rs 34,743 crore, with a fiscal deficit of approximately Rs 68,742 crore, accounting for 4.19% and 2.12% of the Gross State Domestic Product (GSDP) respectively.
On November 11th, Chief Minister Chandrababu Naidu's NDA government will present its first budget in Andhra Pradesh. Amid political tensions, the session will address the state’s financial allocations after a vote-on-account. Will the YSR Congress participate?
Detailed Description
Five months after securing a decisive mandate, the NDA government in Andhra Pradesh, led by Chief Minister Chandrababu Naidu, is poised to introduce its first full budget on November
On November 11th, Chief Minister Chandrababu Naidu's NDA government will present its first budget in Andhra Pradesh. Amid political tensions, the session will address the state’s financial allocations after a vote-on-account. Will the YSR Congress participate?
Detailed Description
Five months after securing a decisive mandate, the NDA government in Andhra Pradesh, led by Chief Minister Chandrababu Naidu, is poised to introduce its first full budget on November
The NDA government in Andhra Pradesh is set to revamp the state's road infrastructure, allocating a substantial ₹10,000 crore for new constructions and repairs. This initiative marks a significant shift from the previous YCP regime, which faced criticism for failing to lay new roads and clear contractor dues from 2019 to 2024.
Chief Minister Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan
The NDA government in Andhra Pradesh is set to revamp the state's road infrastructure, allocating a substantial ₹10,000 crore for new constructions and repairs. This initiative marks a significant shift from the previous YCP regime, which faced criticism for failing to lay new roads and clear contractor dues from 2019 to 2024.
Chief Minister Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan
Chandrababu Naidu has emerged as a pivotal figure in the NDA government, significantly influencing the allocation of funds to Andhra Pradesh following the recent elections. With the support of 18 MPs, including Janasena, Naidu played a crucial role in helping Narendra Modi’s BJP retain power for a third consecutive term. This political leverage has translated into substantial financial assistance for Andhra Pradesh, addressing key developmental issues in the state.
The 2024 bu
Chandrababu Naidu has emerged as a pivotal figure in the NDA government, significantly influencing the allocation of funds to Andhra Pradesh following the recent elections. With the support of 18 MPs, including Janasena, Naidu played a crucial role in helping Narendra Modi’s BJP retain power for a third consecutive term. This political leverage has translated into substantial financial assistance for Andhra Pradesh, addressing key developmental issues in the state.
The 2024 bu