Andhra Pradesh government presented its maiden budget in the assembly on Friday. Andhra Pradesh Finance Minister Buggana Rajendranath tabled the budget document before the house.
Finance Minister began his maiden budget speech by thanking the Chief Minister YS Jagan Mohan Reddy for bestowing him with the opportunity to present the budget. He also thanked the electorate for giving a huge mandate to the party to form the government.
Liabilities of AP increased to Rs 2,23,706crore by the end of financial year 2017-18 as against Rs 1,48,744 crore in fiscal 2014-15.
Revenue Expenditure and Capital Expenditure are estimated to be 20.03 percent each. While Revenue Expenditure for 2019-20 is about Rs 1,80, 369.33 crore, Capital Expenditure is estimated to be Rs 29,596.33 crore.
Remembering Mahatma Gandhi, whose 150th birth anniversary will be celebrated this year, Buggana Rajendranath quoted Mahatma many times as he laid in the house the Chief Minister’s vision for the state as follows:
- To bring the waters of Godavari river to Srisailam, provide water to Rayalseema region and stabilize the Krishna ayacut.
- Provide piped drinking water to every village and household.
- Set up sewage treatment plants and solid waste management systems in every urban habitation.
- To complete the major irrigation projects like Polavaram, Vamsadhara, Galeru Nagari, Handri Niva, Veligonda and other important projects, especially those in Uttar Andhra.
- Achieve Special Category Status for Andhra Pradesh.
- Implementation of monorail project in Visakhapatnam.
- Change the base of public transport system from fossil fuels to electricity mode in a phased manner starting from urban areas, thereby ensuring that public transport in our State is environmentally sustainable
- Construction and operationalization of Kadapa Steel Plant.
- Ensure pollution control and environment protection for providing a clean and conducive environment for healthy living.
Schemes and Allocations
As promised in their manifesto- YSR Rythu Bharosa an investment support scheme was rolled out for farmers. Each farmer will be entitled for Rs 12,500 every year. The scheme will benefit 64.06 lakh farmers, which includes 15.36 lakh tenant farmers with a proposed outlay of Rs. 8,750 crore.
YSR Interest Free Loans for farmers gets an allocation of 100 crore in this budget.
YSR Crop Insurance/YSR PM Fasal Bima Yojana scheme will continue and the state will bear entire premium to be paid by the farmers relieving them from any burden in crop insurance scheme. A budget of Rs 1,163 crore was allocated and is said to benefit 60.02 lakh farmers.
Cattle rearing is given due importance in this budget with Rs 15,000 for local cattle and 30,000 for hybrid cattle. An out lay of 50 crore benefit a 20,00,000 cattle.
Drill borewells for free of cost as part of Rythu Bharosa was allocated Rs.200 crore
Government will speed up implementation of e-NAM. Steps will be taken for the phased implementation of 100% online payment to farmers.
Price Stabilization Fund with a corpus of Rs. 3,000 crore to enable market intervention in both agriculture and horticultural crops to ensure just price to farmers.
To assuage the fears of farm land owners as well as to make sure that tenants receive all farm support programs, this Government will bring in necessary legislative amendments.
State government to revive the dairy cooperatives this year with a budget of Rs. 100 crore.
To alleviate the losses of fishermen, Government will enhance the support given to fishermen from Rs. 4,000 to Rs. 10,000. While providing diesel subsidy for fishermen, an allocation of Rs. 200 crore was given to benefit 1,17,053 fishermen families.
100 crore for providing infrastructure facilities for our fisherfolk
Government will provide ex-gratia of Rs. 7 lakh to ease the financial distress of the kin of farmers who committed suicide. On similar lines, Rs. 10 lakh will be provided to the kin of fisherman family.
Jagananna Vidya Deevena scheme to ease the burden on the parents, Government will provide 100 % fee reimbursement to the students belonging to the SC, ST, BC, Minorities, Kapu, EBC and Differently Abled categories. This scheme will also provide maintenance support to the students Rs 20,000 per child. An outlay of Rs. 4,962.3 crore was made which will benefit around 15.5 lakh students.
Rs 5,000 crore has been provided for the new scheme named as Annadatha Sukhibhava.
Jagananna Amma Vodi – Incentives to Mothers of School going children Rs 6455 Crore
Dr. Y.S.R Aarogyasri gets an allocation of Rs 1740 crore
Infrastructure facilities for Hospitals Rs 1500 crore
YSR Gruha Vasathi was given an outlay of Rs 5000 crore
YSR Pension Kanuka to Old age persons & widows gets a whopping Rs .12801 crore
YSR Pension Kanuka for the Disabled Persons get a budget of Rs 2133 crore