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The NDA Govt in Andhra Pradesh led by N Chandrababu Naidu pegged the Budget outlay for the year 2024-25 at ₹2.94 lakh crore.
The State Finance Minister Payyavula Kesav presented his first budget in the Assembly in Amaravati on Monday.
The revenue expenditure has been pegged at ₹2,35,916 crore and capital expenditure was ₹32,712 crore.
The revenue deficit and fiscal deficit are at ₹34,743 crore and ₹68,742 crore respectively.
In terms of allocations, the budget is a balancing act between the welfare promises made by the NDA in its election manifesto and the development requirement.
The BC welfare has been allocated ₹39,007 crore while SC welfare got ₹11,497 crore.
School education was on the priority list of the Government ₹29,909 crore has been allocated to it.
The Panchyat Raj and rural developmental and Irrigation/water resources were given primacy with ₹16,739 crore and ₹16,705 crore.
Health and urban development have been allocated ₹18,421 crore and ₹11,490 crore respectively.
In line with the practice, a separate agriculture budget has been presented with an outlay of ₹43,402 crore.
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