Finance Minister Pradesh, Andhra Yanamala Ramakrishnudu Presented a budget of Rs 1,13,049 crore for 2015-16.
While non-Plan expenditure is Rs 78,637 million rupees, disbursement plan has-been put in Rs 34,412 million rupees.
This leaves a shortfall in revenue of Rs 7,300 crore and the fiscal deficit of Rs 17,584 million rupees.
The fiscal deficit is solved to 3 percent of gross domestic product State and the revenue deficit of 1.24 percent.
I said: “I am sure That the budget will improve increase the process of building the new state lines sound and pave the way to make great strides in the coming years.”
The State priority is to Ensure inclusive growth.
The budget has provided Rs 3,168 rupees for the next fiscal year for the development of new equity million.
While Rs 4,360 crore for in the energy industry has-been Assigned, roads and buildings Rs 2,960 crore Have the industries.
The Government is working to Rs 2,700 crore Ensure World Bank aid for the restoration of the damage Caused by Cyclone Hudhud.
The tourism and culture has-been Allocated Rs 330 million rupees.
The irrigation industry has-been Allocated Rs 5,258 million rupees.
Factoring the contribution of agriculture and related the industries and Their contribution to 27 percent of GSDP, Intends to go out with a separate budget for agriculture.
According To advanced esti- mates, the state has registered a growth of 7.21 percent During 2014-15.
(This article was published on March 12, 2015)
