AP Budget 2024 Complete Details: Annual Budget of ₹2.94 Lakh Crores!
Finance Minister Payyavula Keshav presented the Andhra Pradesh (AP) annual budget for 2024-25, amounting to ₹2.94 lakh crores. Agriculture Minister Achennaidu introduced the agriculture budget, with a total allocation of ₹43,402 crores. He praised the smooth execution of the Rythu Bima (Farmers’ Insurance) program under Chief Minister Jagan's tenure.
The estimated revenue expenditure is ₹2,35,916.99 crores, and the capital expenditure is ₹32,712.84 crores. Payyavula announced a revenue deficit of ₹34,743.38 crores and a fiscal deficit of ₹68,742.65 crores in his budget speech. Significant allocations were made for various key sectors.
AP Budget 2024-25 Key Allocations:
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Sector-Wise Allocations:
- School Education - ₹29,909 crores
- Agriculture and Allied Sectors - ₹11,855 crores
- SC Welfare - ₹18,497 crores
- ST Welfare - ₹7,557 crores
- BC Welfare - ₹39,007 crores
- Minority Welfare - ₹4,376 crores
- Women and Child Welfare - ₹4,285 crores
- Human Resource Development - ₹1,215 crores
- Higher Education - ₹2,326 crores
- Healthcare - ₹18,421 crores
- Panchayati Raj and Rural Development - ₹16,739 crores
- Urban Development - ₹11,490 crores
- Housing - ₹4,012 crores
- Water Resources - ₹16,705 crores
- Industries and Commerce - ₹3,127 crores
- Energy Sector - ₹8,207 crores
- Transport, Roads, and Buildings - ₹9,554 crores
- Youth, Tourism, and Culture - ₹322 crores
- Police Department - ₹8,495 crores
- Environment, Forests, Science, and Technology - ₹687 crores
Borrowings in the Budget:
- The government plans to raise ₹91,443 crores in public debt this year.
- Expected revenue is ₹2.01 lakh crores, with ₹24,498 crores earmarked for debt repayment.
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Download AP Budget 2024-25 English PDF
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