Tuesday, April 23, 2024

AP budget 2014

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The Andhra Pradesh Finance Minister Yanamala Ramakrishnudu has presented a Rs 1,11,824-crore budget for 2014-15 in the State Legislative Assembly today.

This includes a Plan expenditure of Rs 26,673 crore and non-Plan outlay of Rs 85,151 crore.

The Budget leaves a revenue deficit of Rs 6,064 crore and a fiscal deficit of Rs 12,064 crore, the latter working out to 2.3 pet cent of GSDP.

The budget being presented by the Telugu Desam government after a gap of 10 years.

The Andhra Pradesh government has decided to develop the Machilpatnam port under PPP mode and 14 minor seaports under PPP including Bhavanapatnam and Kalingapatnam.

Yanamala also said that the Centre has proposed establishment of a second major port in the state and one more commercial port at Kakinada.

The state has also decided to support in expanding existing airports at Vijaywada, Rajmundry, Tirupati and Kadapa.

A greenfield airport is envisaged in between Vijaywada and Kakinada.

Highlights

Total budget Rs 1,11, 884 crores

Gross State Domestic Product for the year 2012-13: Rs .4,19,391 crores

Gross State Domestic Product for the year 2013-14: Rs 4, 75.859 crores

Revenue deficit Rs. 6,064 crores

Fiscal deficit  Rs 12, 064 crore

Vision 20-29 formula proposal

Sectors related to Agriculture Rs. 8,808 crores

Tribal Welfare Rs. 1150 crores

Social Welfare dept  Rs. 2,657 crores

Minority Welfare Rs. 3,371 crores

Water irrigation Rs. 8,467 crores

Rural Development Rs. 6094 crores

For Law & Order Rs. 3,339 crores

Disaster management

Energy sector  Rs 7164 crore

R & B  Rs.2, 612 crore

Environment, forests, Science and Technology Rs. 418 crore

Higher education Rs .2,272 crore

Intermediate Education Rs. 812 crore

School education Rs 12, 595 crore

Health and Family Welfare Rs 4,388 crore

Women and Child Welfare Rs. 1059 crores

Social Welfare dept  Rs. 2,657 crores

Tribal welfare Rs.1150 crore

BC welfare Rs. 3,130 crore

Minority welfare Rs .3.371

Loan waiver for each family Rs. 1.50 lakh

Welfare of the Handicapped Rs. 65 crores

Youth Services Rs.126 crores

Tourism and cultural sector  Rs. 113 crore

House Constructions Rs.8,808 crores

IT Sector Rs. Rs .111 crore

Civil Supplies Rs.2318 crore

Rural developemenr Rs .6094 crore

Urban developement Rs .3,134 crore

Water supply for villages Rs .1152 crore

Panchayat Raj Rs. 4260 crore

Per capita income for the year 2012-13 Rs. 76, 041

Per capita income for the year 2013-14 Rs. 85.795 an increase of Rs 12 thousand crore was seen.

– See more at: http://www.greatandhra.com/politics/political-news/ap-budget-pegged-at-rs-111824-cr-59121.html#sthash.JLfBOLGF.dpuf

 

 

 

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