Friday, 9 March 2018

ANDHRA PRADESH BUDGET 2018-19 HIGHLIGHTS


          The AP Finance Minister Yanamala Ramakrishnudu has presented Budget at Rs. 1,91,070 crore for the Financial Year 2018-19. He presented the Budget in the Assembly on Thursday 8-03-2018 at 11.30 am, at Velagapudi.
          Yanamala proposed the Revenue Expenditure estimated at Rs. 1,50,271.99 crore and Capital Expenditure estimated at around Rs. 28,678.49 crore, which includes Rs. 9,351.15 crore towards principal repayment of Public Debt.
            The 2018-19 Budget Estimates entail an overall increase of around 21.69 percent over the 2017-18 Budget Estimates, he informed.
          While the revenue expenditure is estimated to increase by around 19.35 per cent, the capital expenditure is estimated to grow by around 30.60 percent over the 2017-18 financial year.
         The estimated Revenue Surplus is around Rs. 5,235.24 crore and the Fiscal Deficit is estimated at around Rs. 24,205.21 crore.
         The fiscal deficit will be around 2.78 percent of the GSDP, whereas the Revenue Surplus would be around 0.60 percent of the GSDP.

The total budget is Rs 1,91,070 crores
The revenue expenditure is Rs 1,50,270 crores
Capital Expenditure is Rs 28, 671 crores
The fiscal deficit is estimated at Rs 24,205 crore
Growth rate: 10.96 percent

Welfare sector
Social Welfare - Rs 13,722 crore
For BCs - Rs. 35 crore
Kapu community - Rs 1,000 crore
Kapu social students - Rs 750 crore
Reservation - Rs 40 crore
Non-Brahmins Rs 30 Crores
Backward Classes - Rs. 100 crore
Christian minorities - Rs. 75 crore
Female child welfare - Rs 2839 crore
Tribal welfare - Rs 250 crore
BCC welfare - Rs. 4477 crores
Labour employment - Rs 902 crores
Social Security - Rs 3,029 crore
Handloom welfare - Rs.250 crores
Dwarka women - Rs 1,000 crore
For BCs and SCs under Chandranna  wedding scheme - Rs 100 crore
The water project is Rs 500 crore

Electricity, agriculture and irrigation sector
Irrigation sector - Rs 16,978 crore
Irrigation department - Rs 9,000 crore
Agriculture - Rs 12,355 crores
The power sector is Rs 5,052 crore
Loan amount - Rs 4100 crores

Industries, transportation sector
Industries - Rs 3,700 crores
Transportation sector - Rs 4,653 crore
The environmental sector is estimated to be around Rs 4,00,999 crore
Food Processing Industries Rs 300 crore
Transport and road building - Rs 4,653 crore
Road development - Rs 1413 crore

Rural, housing and urban areas
Rural development - Rs 20,815 crore
Urban development - Rs.7,740 crore
Housing development - Rs 3,679 crore
House construction - Rs 575 crores
The municipal department has Rs 7,761 crore
Water and sanitation - Rs 2,623 crore
Visakhapatnam Chennai corridor Rs 1168 crores
Smart cities Rs 800 crore
An amount of Rs 1450 crores is for charity
RTC - Rs.200 crore
Amravati construction - Rs 7,741 crore
Amruth scheme is Rs 490 crore
             
Education, medicine, technology
General education - Rs 24,180 crore
Technical education - Rs 818 crore
Skill development - Rs 300 crore
Model schools Rs 377 crores
Residential schools Rs 670 crores
Unemployment benefit - Rs 1,000 crore
Sports and youth services - Rs 1,635 crore
Medical treatment - Rs 8,463 crore
Department of Information - Rs 224 crores
The infrastructure for various universities is Rs 20 crore
Cultural sector is Rs 94.98 crore
NTR Medical Services Rs 1,000 crore
Agricultural University Rs 357 crores
Municipal department - Rs 7,761 crore
MSME sector is worth Rs 200 crore
Industrial Trade - Rs 3,075 crore
Information Technology - Rs 1,000 crore
The agricultural budget is Rs 19,070 crore

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