Political News

YSRCP govt’s first budget highlights

YSRCP government in Andhra Pradesh, has presented its budget in the assembly today. Finance Minister Buggana Rajendranath Reddy came up with some key highlights of the AP budget.

He said that the outstanding debts of state in 2014 were Rs 1,30,654 crore and were increased to Rs 2,58,928 crore in 2018-19, showing a clear negligence of the previous government. Adding to it, in TDP’s regime, the then CM Chandrababu Naidu has lent loans worth Rs 10,000 crore from various corporations and there are about Rs 18,000 crore pending bills.

Here is the detailed list of categories, and the budget allocations of AP budget 2019.

Farmers and agriculture

Seeds distribution – Rs 200 crore

Free bore to farmers – Rs 200 crore

Electricity subsidy to aqua farmers – Rs 475 crore

YSR Rythu Bhima – Rs 1,163 crore

Agriculture and affiliated sector – Rs 20,677 crore

Irrigation and flood prevention – Rs 13,139 crore

Nine hours free power to farmers – Rs 4,525 crore

YSR Rythu Bharosa – Rs 8,750 crore

Farmer Welfare: The Price Stabilization Fund – Rs 3,000 crore

Education

Education- Rs 32,618 crore

Infrastructure development of schools – Rs 1,500 crore

Amma Vodi – Rs 6,455 crore

Mid-Day Meals – Rs 1,077 crore

Schools Maintenance Grant – Rs 160 crore

Pensions, Loans, Compensations

Pension for the elderly and widows – Rs 12,801 crore

Asha Workers – Rs 455.85 crore

Dwakra women’s interest-free loans – Rs 1,140 crore

Interest-free loans to urban self-help groups – Rs 648 crore

Single women’s pensions – Rs 300

AgriGold victims – Rs 1,150 crore

Weavers – Rs 200 crore

Natural Disaster Prevention Fund – Rs 2,002 crore

Developments

Rural Development – Rs 29,329 crore

Minority Development – Rs 952 crore

Development of Dalits – Rs 15,000 crore

Development of the tribes – Rs 4,988 crore

Development of Backward Classes (BC) – Rs 1,561 crore

Other schemes

YSR Arogya Sri – Rs 1,740 crore

YSR housing accommodation scheme – Rs 5000 crore

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