Andhra Pradesh presents ₹3.32 lakh crore budget for 2026–27, prioritises education, welfare and fiscal reforms
The Hindu
Andhra Pradesh unveils a ₹3.32 lakh crore budget for 2026-27, focusing on education, welfare, and sustainable fiscal reforms.
The Andhra Pradesh government on Saturday (February 14, 2026) presented a comprehensive and forward-looking Budget for the financial year 2026–27, with a total outlay of ₹3,32,205 crore. Of this, revenue expenditure is estimated at ₹2,56,142 crore, while capital expenditure stands at ₹48,697 crore, reflecting a continued emphasis on asset creation and long-term development.
Andhra Pradesh Budget highlights: Finance Minister Keshav outlines ₹3.32 lakh crore outlay; ₹8.3 crore allocation for VB G RAM-G
The estimated revenue deficit is pegged at ₹22,002 crore, accounting for 1.11% of the Gross State Domestic Product (GSDP), while the fiscal deficit is projected at ₹75,868 crore, or 3.84 per cent of GSDP.
Presenting the Budget in the State Assembly, Finance Minister Payyavula Keshav said the allocations reflect the government’s commitment to inclusive growth, fiscal discipline, and sustainable development.
Emphasising the importance of investing in human capital, he announced that School Education has received the highest allocation of over ₹32,300 crore. This is followed by significant outlays for Backward Classes (BC) Welfare at ₹23,650.88 crore. Social Welfare and EWS Welfare departments have been allocated ₹11,118.84 crore and ₹10,699.33 crore, respectively. “The choices we make today will define the future we will see tomorrow,” the Minister said, underlining the government’s long-term vision.
Agriculture and irrigation continue to remain top priorities. The government has earmarked ₹9,906 crore for major irrigation projects to strengthen water security across the State, including ₹6,105 crore for the prestigious Polavaram Project.
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