Andhra Pradesh Budget 2022: Welfare, health, school education in focus
India Today
In the budget, the YS Jaganmohan Reddy government kept its welfare schemes a top focus.
Andhra Pradesh Finance Minister Buggana Rajendernath on Friday presented the annual budget for the year 2022-23 in the state Legislative Assembly. The budget was presented with a total outlay of Rs 2,56,256 crore laying focus on welfare. The state, which was hit badly in pandemic, witnessed a fall in revenue expenditure Rs 2,08,261 crore and capital expenditure at Rs 47,996 crores.
"The estimated revenue deficit is around Rs 17,036 crore and the fiscal deficit around Rs 48, 724 crore, the Finance Minister said adding that the fiscal deficit would be around 3, 64 per cent of the GDSP, whereas the revenue deficit works out to be about 1.27 per cent of GDSP." informed the finance minister.
In the budget, the YS Jaganmohan Reddy government kept its welfare schemes a top focus.
Out of a Rs 45,955 crore allocation, education has received Rs 30,077 crore, health Rs 15,384.26 crore, urban development Rs 8,796 crore, social security Rs 4,331.85 crore, and social security Rs 4,331.85 crore.
School education was allocated Rs 27,706.66 crore which 12.52 percent higher than the previous year.
The Children and Gender Budget was allocated Rs 4,322.86 cores, Rs 18,518 crore for SC sub-plan Rs 6,145 crore for ST Sub-plan, Rs 29, 143 core for BC sub-plan Rs 3,661 crore for welfare of minorities and Rs 3,537 crores for Kapu welfare.
For the Pedalandariki Illu Rs 4,791.69 crore was allocated. So far Rs 1,146.7 crore was released to beneficiaries including cost of material, he said.
