The YSR Congress government has placed its first budget in the Assembly on Friday. AP Finance minister Buggana Rajendranath Reddy read out the key highlights of the budget. Buggana added the previous TDP government has shown double-digit growth rate and they are evaluating whether it is true or forged.
The finance minister said the outstanding debts of Andhra Pradesh when it was bifurcated back in 2014 stood at Rs 1,30,654 crore while as of 2018-19, the debts are at Rs 2,58,928 crore. Apart from this the last AP government has lent loans worth Rs 10,000 crore from various corporations and there are about Rs 18,000 crore bills in pending.
Here are several categories/fields and funds allocated:
Seeds distribution – Rs 200 crore
Free bore to farmers – Rs 200 crore
Electricity subsidy to aqua farmers – Rs 475 crore
YSR Rythu Bhima – Rs 1,163 crore
Rural Development – Rs 29,329 crore
Agriculture and affiliated sector – Rs 20,677 crore
Irrigation and flood prevention – Rs 13,139 crore
Nine hours free power to farmers – Rs 4,525 crore
YSR Rythu Bharosa – Rs 8,750 crore
Natural Disaster Prevention Fund – Rs 2,002 crore
Farmer Welfare: The Price Stabilization Fund – Rs 3,000 crore
Education – Rs 32,618 crore
Infrastructure development of schools – Rs 1,500 crore
Amma Vodi – Rs 6,455 crore
Mid-Day Meals – Rs 1,077 crore
Schools Maintenance Grant – Rs 160 crore
Pension for the elderly and widows – Rs 12,801 crore
Asha Workers – Rs 455.85 crore
YSR Arogya Sri – Rs 1,740 crore
Dwakra women’s interest-free loans – Rs 1,140 crore
Interest-free loans to urban self-help groups – Rs 648 crore
YSR housing accommodation scheme – Rs 5000 crore
Development of Dalits – Rs 15,000 crore
Development of the tribes – Rs 4,988 crore
Development of Backward Classes (BC) – Rs 1,561 crore
Single women’s pensions – Rs 300
Minority Development – Rs 952 crore
AgriGold victims – Rs 1,150 crore
Weavers – Rs 200 crore
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