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Highlights of Andhra Pradesh Budget 2019 - 20 - February 05, 2019

AP Budget is Rs 2,26,177.53 crore for 2019-20 Amaravati:               The AP Finance Minister Yanamala Ramakrishnudu has proposed an expenditure of Rs 2,26,177.53 crore for the financial year 2019-20 as budget, on Tuesday in Assembly here. The budget is with revenue expenditure estimated at Rs 1,80,369.33 crore and capital expenditure estimated at around Rs 29,596.53 crore, which includes Rs 8,994 crore towards principal repayment of public debt. The 2019-20 budget estimates entail an overall increase of around 18.38 % over the 2018-19 budget estimates. While the revenue expenditure is estimated to increase by around 20.03%, the capital expenditure is estimated to grow by around 3.20% over the 2018-19 financial year. The estimated revenue deficit is around Rs 2,099.47 crore and the fiscal deficit is estimated at around Rs  32,390.68 crore. The fiscal deficit will be around 3.03 % of the GSDP, whereas the revenue deficit would be around 0.20 % of the GSDP. Revised Estimates 2

Highlights of Andhra Pradesh Budget 2019 - 20

Andhra Pradesh Budget 2019: For the financial year 2019-20 Minister Yanamala Ramakrishnudu presents Vote-On-Account Budget in Assembly on Tuesday. The Minister has proposed an expenditure of Rs 2,26,177.53 crore as the budget. During the budget speech, the Minister has announced Annadata Sukhibhava Scheme for farmers of the state.        The funds' allocation for the concern sectors in the budget 2019-20: Rs 12,732 crore for Agriculture sector Rs 3,171 crore for Higher Education Rs 5,473 crore for Energy Infrastructure Rs 22,783 crore for Secondary Education Rs 3,763 crore for Civils supplies Rs 51,841 crore for the Financial Department Rs 10,032 crore for Medical and Health Department Rs 6,397 crore for Home Ministery Rs 4079 crore for Housing Corporation Rs 4,114 crore for Water Resources Department Rs 1006 crore for IT Sector Rs 918 crore for Law Department Rs 149 crore for Assembly Rs 7979 crore for Municipal Administration Rs 65,182 crore