Sakshi Education
Andhra Pradesh's Vote-On Account Budget for 2024-25 was presented by Minister Buggana Rajendranath Reddy in the Assembly, outlining an estimated expenditure of Rs.2,86,389 crores. Here's a breakdown of the key points:
AP Budget 2024 Highlights:
- Estimated Expenditure: Rs.2,86,389 crores
- Revenue Expenditure: Rs.2,30,110 crores
- Capital Expenditure: Rs.30,530 crores
- Revenue Deficit: Rs.24,758 crores (1.56% of GSDP)
- Fiscal Deficit: Rs.55,817 crores (3.51% of GSDP)
Revenue Sources:
- Central Taxes: Rs.49,286 crores
- State Taxes: Rs.1,09,538 crores
- Non-Tax Revenue: Rs.14,400 crores
- Grant-in-Aid: Rs.32,127 crores
Governor's Address Highlights: A Focus on Welfare, Education, and Economic Progress
He outlined the achievements of AP government over the past year.
Investing in Our People:
- Subsidies and Concessions: Reduced energy costs by providing daytime current to agricultural pumps and free electricity for 9 hours.
- Housing: Constructing 22 lakh houses under "Houses for All" scheme, with 9 lakh already provided.
- Social Welfare: Implemented various programs like Jagananna Chedodu, Jagananna Todu, YSR Kalyanamastu, and YSR Pension Kanuka, offering financial assistance and support to diverse groups.
- Women Empowerment: Supporting women through YSR Asara and YSR Kapu Nestham schemes, focusing on financial inclusion and empowerment.
- Child Health: Expanded nutrition programs like YSR Sampurna Poshan and provided growth monitoring equipment to Anganwadi centers.
Also Read: Interim Union Budget 2024 Highlights: Check Key Features Here!
Boosting Economy and Infrastructure:
- Polavaram Project: Prioritizing completion, with 74.01% work finished and focus on rehabilitation.
- Roads and Transportation: Laid 58 BT roads and launched 500 mother-child express vehicles.
- Aqua Culture: Supporting aqua farmers with subsidies and infrastructure development, making AP the Aqua Hub of India.
- Fisheries: Providing financial assistance and insurance to fishermen families, increasing compensation during fishing prohibition.
- Agriculture: Established Rythu Bharosa Kendras, provided farmer assurance, and distributed quality seeds and fertilizers.
Transforming Education:
- Digital Learning: Distributed tabs to students and implementing reforms like IB system and foreign education scheme.
- Mid-day meals: Providing quality nutritious food to children through Jagananna Gorumudda scheme.
- Higher Education: Offering fee reimbursement and focusing on improving infrastructure and access.
- Manabadi Nadu-Nedu: Transforming schools and creating a better learning environment.
Commitment to Social Justice:
- Unveiling Ambedkar statue: Highlighting commitment to equality and upliftment of weaker sections.
- Navratnas: Implementing various programs to eradicate poverty and improve living standards.
Published date : 07 Feb 2024 02:04PM
