The AP Finance Minister Yanamala Rama Krishnudu has presented the State budget for the year 2019-20 which is done under the “Vote on Account” scheme. With the total budget of 2.26 lakh crores of rupees, the CBN lead AP Government this time presented the biggest sum ever.For the ninth time, Yanamala Rama Krishnudu got a chance to get the AP budget and now the Government covered all the sections of the society keeping the upcoming elections in mind. With a revenue expenditure of 1.8 lakh crores, the State’s revenue contribute 2.890 crores and the revenue deficit will be of 32,349 crores. The AP ruling party concentrated on the Irrigation and Agriculture sectors to minimize the farmers and their problems.
The department of Panchayat Raj and Rural Development takes the largest piece of budget pie with more than 32,000 crores of rupees. Along with the IT and Municipality, TDP has concentrated on the reserved categories like BC Welfare, SC and ST sub plans to help the underdeveloped section of the society. Overall the Finance Minister made it sure that they satisfy the major segments of the AP state including Women empowerment.Other than this, Yanamala who heaped praises on his own party and its Chief CBN declared that AP has got a double digit growth rate. Reminding that the AP State topped the Ease of Doing Business for the last three consecutive year, the Finance Minister declared that the TDP Government is making records in Adverse situations like Centre’s enmity with the State.
