AP Budget 2023-24 outlay at Rs 2.79 lakh cr; fiscal deficit at Rs 54,587 cr

AMARAVATI: Andhra Pradesh Finance Minister Buggana Rajendranth Reddy on Thursday presented the annual budget of Andhra Pradesh for 2023-24 in the State Assembly with a total plan outlay of Rs 2,79,279 crores. The outlay included an estimated revenue expenditure of Rs 2,28,540 crores and a capital expenditure of Rs 31,061 crores.

The budget projected a revenue deficit of Rs 22,316 crores and a fiscal deficit of Rs 54,587 crores even as the revenue deficit in GSTP is estimated to be at 3.77 percent. Similarly, the fiscal deficit of the state has been projected to be at 1.54 percent.

Below are the highlights of various allocations made as part of AP Budget 2023-24:

♦ YSR Pension Gift: Rs 21,434.72 Crores

♦ YSR Rythu Bharosa: Rs.4,020 Crore

♦ Jagananna vidya deevena : Rs.2,841.64 Crores

♦ Jagananna vasathi deevena: Rs.2,200 Crores

♦ YSR-PM Insurance Yojana: Rs.1600 Crore

♦ Rs.1,000 crore for interest-free loans to DWKRA societies

♦ Interest-free loans to farmers of Rs.500 crores

♦ YSR Kapu nestham: Rs.550 crores

♦ Jagananna Chedodu: Rs.350 Crores

♦ YSR Vahanamitra: Rs.275 Crores

♦ YSR Netanna's net worth: Rs.200 Crores

♦ YSR Fishery Insurance: Rs.125 Crores

♦ Rs.50 Crore Diesel Subsidy for Fishermen

♦ Rs.20 crore for compensation of farmer families

♦ Law nestham: Rs.17 crores

♦ Jagannana Thodu: Rs.35 Crores

♦ ABC nestham: Rs.610 crores

♦ YSR Kalyanamastu: Rs.200 Crores

♦ YSR Asara: Rs.6700 Crores

♦ YSR Cheyutha: Rs.5000 crores

♦ Amma Vodi: Rs.6500 Crores

♦ Rs.54,228.36 Crores for DBT Schemes

♦ Price Stabilization Fund Rs.3,000 Crore

♦ Agricultural mechanization Rs.1,212 crore

♦ Medical, Health, and Family Welfare: Rs.15,882 Crores

♦ Mana Badi Nadu-Nedu: Rs.3,500 Crores

♦ Jagananna Vidya Kanuka: Rs.560 Crores

♦ Rural development of Panchayati Raj: Rs.15,873 crores

♦ Municipal and Urban Development: Rs.9,381 Crores

♦ Skill Development: Rs.1,166 Crores

♦ Department of Youth Development, Tourism, and Culture: Rs.1,291 Crores

♦ Schedule Castes component: Rs.20,005 crores

♦ Schedule Tribes component: Rs.6,929 crores

♦ Backward Classes component: Rs.38,605 crore

♦ Kapu Welfare: Rs.4,887 Crore

♦ Welfare of minorities: Rs.4,203 crores

♦ Houses for all the poor: Rs.5,600 crores

♦ Industries and commerce: Rs.2,602 crores

♦ Roads and Buildings Department: Rs.9,118 crores

♦ Irrigation: Rs.11,908 crores

♦ Department of Environment, Forest, Science, and Technology: Rs.685 crores

♦ Energy: Rs.6,456 Crores

♦ Village and Ward Secretariat Department: Rs.3,858 crores

♦ Gadapa Gadapa programme: Rs.532 crores