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Budget 2024 Expectations for Andhra Pradesh and Telangana States!

As the Union Budget looms large, the Telugu states of Andhra Pradesh and Telangana are brimming with expectations.
Budget 2024 Expectations

Expectations from the Union Budget 2024 for Andhra Pradesh:

  • The Visakhapatnam Steel Plant requires an allocation of Rs. 683 crores in funds and should not be privatized.
  • The Center's share in infrastructure development needs to be increased.
  • Development of ports should be accelerated.
  • The construction of the Bhogapuram airport should be completed as soon as possible.
  • Funds should be allocated for the establishment of a Central University and Petroleum University in Andhra Pradesh.
  • An agricultural research institute should be established in Andhra Pradesh on the lines of the Indian Institute of Millet Research (IIMR) in Hyderabad.

Expectations from the Union Budget 2024 for Telangana:

  • There are demands for setting up more industrial wards in the state.
  • Allocations should be made to Singareni, IIT Hyderabad, and the Manuguru Kota Bhara water plants in Telangana.

Expectations from the Union Budget 2024 for both states:

  • Tribal universities should be established in both states.
  • Rs. 6,835 crores should be allocated for the establishment of 22 AIIMS hospitals in the country, including Mangalagiri and Bibinagar.
  • More museums should be set up in both states.
  • The share of central taxes should be increased.
  • Both states should have full 5G connectivity.
  • The issuance of a unified card (Aadhaar, PAN, Voter, EPF, Ration card replaced by a single card) is expected.
  • Duty on petrol and diesel prices should be reduced.
  • The maximum savings limit for senior citizens should be doubled.
  • Allocations for the PM Awas Yojana should be increased to provide shelter to economically backward urban areas.
  • The urban infrastructure development fund should be increased for second and third-tier cities.
  • More tax concessions for employees should be provided.
  • Start-ups should be given incentives.
  • Allocations for rural roads should be increased in the Telugu states.
Published date : 31 Jan 2024 03:27PM

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