From revival to ascendance: Andhra Pradesh sets ₹308 lakh crore target for 2047

Andhra Pradesh aims for a ₹308 lakh crore economy by 2047, focusing on reforms, healthcare, and sustainable growth.

In a landmark address to a joint session of the Andhra Pradesh Legislature, Governor S. Abdul Nazeer on Wednesday (February 11, 2026) outlined an ambitious roadmap for the 2026–27 financial year, declaring that the State is moving from a phase of “revival” to one of “ascendance” under the vision of Swarna Andhra 2047.

Addressing the first day of the budget session, setting a bold target, the Governor said the government aims to transform Andhra Pradesh into a ₹308 lakh crore economy with a per capita income of ₹55 lakh by 2047.

He described the past nineteen months as a calibrated journey from resurgence to renewed confidence, focused on restoring financial stability, rebuilding institutions, and placing citizens at the centre of governance.

Invoking the Pavamana Mantra from the Brihadaranyaka Upanishad, “Asato ma sadgamaya; Tamaso ma jyotirgamaya; Mrityorma amrutam gamaya”, the Governor said the administration is committed to guiding the State from uncertainty to sustainable growth.

The initial phase concentrated on welfare support, economic correction, and administrative reforms, and the government is now shifting toward long-term transformation through investments in human potential, infrastructure, and responsive governance.

Healthcare emerged as a major focus area. A new Universal Health Coverage scheme will provide insurance coverage of ₹2.5 lakh to every resident. Additionally, 1.43 crore below-poverty-line families will receive cashless treatment up to ₹25 lakh annually, including coverage for high-end procedures such as cancer care and bilateral cochlear implants.