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Highlights of AP Budget 2019-2020

Andhra Pradesh Finance Minister B. Rajendranath Reddy presented the YSRCP government's maiden Budget in the Legislative Assembly on Friday.
 
The debt of the residuary state at the time of bifurcation at Rs. 1,30,654 crore has reached a whopping Rs. 2,58,928 crore by 2018-19. Furthermore, an amount of around Rs.10,000 crore was borrowed through various corporations and diverted for spending by Government. In addition, around Rs.18,000 crore worth bills were kept pending.
 
With all these liabilities, “as soon as we came into Government, we were told that there is a resource gap of around Rs. 45,000 crore to fulfill the commitments under Budget 2019-20 Vote on Account presented in February. This resource gap is further amplified by the budget necessary for our new programs, which this Government has promised to the people. This is the unique financial position that this Government inherited,” the finance minister said, highlighting the economic situation of the state. 
 
AP Budget 2019-20 highlights: 
 
Total Budget: Rs. 2,27,974 crore 
 
Revenue deficit: Rs.1,778,52 crore 
 
Revenue Expenditure: Rs.1,80,475 crore 
 
  • Under YSR Rythu Bharosa scheme investment support of Rs.12,500 will be provided every year in the month of May which includes tenant farmers. The government has decided to provide the amount from May 2020. For which the government has allocated Rs.8,750 crore for the scheme.
  • For agriculture and allied sectors is Rs.20,677 crore and for YSR crop insurance Rs.1,163 crore. 
  • The highest priority for the education sector with a budget allocation of Rs.32,618 crore. 
  • Rs.11,399 crore for medical and health care sector. 
  • Rs. 3.617 crore for the housing sector. 
  • Rs.3,000 crore for Price Stabilization Fund 
  • Rs. 200 crore for free borewells under YSR Rythu Bharosa scheme
  • Rs.475 crore for aqua farmers' electricity subsidy 
  • Rs, 200 crore for seeds distribution to the farmers 
  • Rs. 500 crore for infrastructure development of schools and Rs. 160 crore for school management grant. 
  • Rs. 2,000 crore for natural disaster management 
  • Rs. 1,439 crore for the Planning Department 
  • Rs. 14,412 crore for the welfare sector 
  • Rs. 6,455 crore for Amma Vodi scheme 
  • Rs. 455.85 crore for Asha workers 
  • Rs. 1,077 crore for mid-day meal scheme in schools 
  • Rs. 1,140 crore for interest-free loans for Dwarka women 
  • Rs. 1,000 crore for APSRTC 
  • Rs. 4,988 crore for tribal development 
  • Rs. 15,000 crore for the development of Dalits 
  • Rs. 1,561 crore for the development of BC (Backward Classes) 
  • Rs. 1,500 crore for YSR housing scheme 
  • Rs. 648 crore for Interest-free loans to urban SHGs 
  • Rs. 410 crore for welfare of fishermen 
  • Rs. 1,740 crore for YSR Arogyasri 
  • Rs. 2,000 crore for Kapu welfare 
  • Rs. 1,150 crore for Agri Gold victims 
  • Rs. 4,962.3 crore for Jagananna Vidya Deevena scheme 
  • Rs. 73 crore for CM call center 
  • Rs. 65 crore for the Capital Region Social Security Fund 
  • Rs. 477 crore for Forest, Science, and Technology 
  • Rs. 100 crore to Pulivendula Area Development Authority 
  • Rs. 100 crore for Brahmin Corporation 
  • Rs. 500 crore for the development of Capital city of Amaravati 
  • Rs. 400 crore financial assistance to drivers who own autos 
  • Rs. 100 crore to the Advocates Welfare Trust 
  • Rs. 191 crore for information and public relations (I&PR) 
  • Rs. 92,050 crore for State Development Schemes 
  • Rs. 234 crore of YSR grant to religious organizations 
  • Rs. 700 crores for village secretaries and Rs.720 crores for grama volunteers 
  • Rs.180 crore for municipal ward secretaries and Rs.180 crore for municipal ward volunteers 
  • Rs. 3,750 crore for civil Supplies 
  • Rs. 250 crore for Kadapa Steel Plant 
  • Rs. 150 crore for smart cities 
  • Rs. 15,746.58 crore for YSR Pension Kanuka

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