Andhra Pradesh Finance Minister Payyavula Keshav presented the annual budget for the financial year 2025-26 with a total outlay of Rs.3,22,359 crore in the Assembly in Amaravati on 28 February 2025. Of this, revenue expenditure is estimated at Rs.2,51,162 crore, and capital expenditure at Rs.40,635 crore. The estimated revenue deficit is around Rs.33,185 crore and the fiscal deficit is around Rs.79,926 crore. The revenue deficit will be around 1.82 percent and fiscal deficit will be around 4.38 percent of Gross State Domestic Product (GSDP).
♦ The revised estimate for revenue expenditure for financial year (FY) 2024-25 is Rs.2,24,342 crore, and for capital expenditure it is Rs.24,072 crore. The revenue deficit for 2024-25 is around Rs.48,311 croгe, whereas the fiscal deficit is around Rs.73,362 crore. The revenue deficit is 3.01% and fiscal deficit is 4.57 percent of GSDP.
♦ For agriculture, a separate budget of Rs.48,000 crore was presented by Agriculture Minister K. Atchannaidu.
Major Allocations:
♦ Rs.9,407 crore was allocated for Talliki Vandanam and Rs.6,300 crore for Annadata sukhibhava.
♦ Rs.11,314 crore was allocated for Referring to Water Resources. For a sustainable agriculture and drought free state, Rs.29,655 crore was allocated. As much as Rs.2,800 crore is earmarked for Jal Jeevan Mission and Rs.400 crore for fishermen assistance.
♦ The allocation of Rs.6,705 crore for Polavaram irrigation project was made in the budget. The government for the first time announced Rs.10 crore for Telugu language development and free power to schools.
♦ Capital city Amaravati had also got Rs.6000 crore budgetary support.
♦ For school education, the Finance Minister allocated Rs.31,805 crore, up from Rs.29,909 core in the previous budget (2024-25), while the allocation for agriculture and allied sectors stands at Rs.13,487 crore against Rs.11,855 crore allocated in 2024-25.
♦ For the welfare of Scheduled Castes, the government allocated Rs.20,281 crore, up from Rs.18,497 crore. It earmarked Rs.8,159 crore for the welfare of Scheduled Tribes. The allocation for STs in the previous budget was Rs.7,557 crore.
♦ The coalition government proposes to spend Rs.47,456 crore for the Backward Classes' welfare. This allocation was Rs.39,007 in 2024-25.
♦ The government also increased the allocation for minorities' welfare from Rs.4,376 crore to Rs.5,434 crore.
♦ The allocation for women and child welfare also increased from Rs.4,285 crore to Rs.4,332 crore.
♦ The Finance Minister proposed an allocation of Rs.1,228 crore for skill development, Rs.2,506 crore for higher education, Rs.19,264 crore for health, Rs.18,847 crore for Panchayat Raj and rural development and Rs.13,862 crore for municipal administration and urban development for 2025-26.
♦ The government has proposed an expenditure of Rs.6,318 crore for housing, Rs.18,019 crore for water resources, Rs.3,156 crore for industry and commerce, Rs.13,600 crore for energy, Rs.8,785 crore for roads and buildings, Rs.469 crore for youth affairs, tourism and culture, Rs.2,800 crore for Jal Jeevan Mission.
♦ For the NTR Bharosa pension scheme, which is already under implementation, the Finance Minister proposed an allocation of Rs.27,518 crore.