1. Home
  2.  |  
  3. State Current Affairs |  

Andhra Pradesh State Budget 2016-17 presented

Mar 14, 2016 15:08 IST

Yanamala RamakrishnuduAndhra Pradesh Finance Minister Yanamala Ramakrishnudu on 10 March 2016 presented the Annual Budget for 2016-17 in the State Legislative Assembly. This was the first e-Budget presented by any state in India.

The state government has provided copies of the e- budget for the first time to the members of the Assembly by tablets.

The current budget growth is about 20.13 percent compared to 2015-16 fiscal budget and State’s own revenue increased by 16 percent.

Highlights of Annual Budget 2016-17:
• The total Budget estimate for 2016-17 is 135000 crore rupees
• Non-plan Expenditure pegged at 86554.55 crore rupees
• Planned Expenditure pegged at 49134.44 crore rupees
• Revenue Deficit for 2016-17 is estimated to be 4868 crore rupees
• Actual deficit for 2016-17 is 20497 crore rupees

Various Proposals made in the Budget
• Training to one lakh people as a part of Skill Development.
• Green Field Airports in Bhogapuram, Dagadarti, Orvakallu, Nagarjunasagar and Donakonda.
• To build 120000 houses under Prime Minister Awas Yojana. Already 73041 have been approved by the Union Government.
• Setting up of Industrial zone with an investment of 23000 crore rupees in 5079 acres in Donakonda of Prakasam district.
• To create 5 lakh jobs in manufacturing zones.
• To complete the mission of electrifying 4.6 lakh homes by June 2016.
• Target of 4800 MW of additional power generation in the next 3 years
• 5000 hectares of National Investment and Manufacturing Zone in Chittoor.
• 1.87 crore LED Bulbs to be distributed to 93.5 lakh houses.

Allocations made in the Budget
• Law and Order – 4785.14 Crore Rupees
• Land Administration – 3119.72 Crore Rupees
• 1500 Crore Rupees for the construction of Amaravati, the Capital of the State.
• 3100 Crore Rupees for Smart Wards and Villages.
• 320 Crore Rupees for Sanitation.
• 4728.95 Crore Rupees for Urban Administration.
• 4764.71 Crore Rupees for Employment Guarantee Scheme.
• 1195.63 Crore Rupees for rural water supply.
• 4467 Crore Rupees for rural development.
• 215 Crore Rupees to the Ministry of Sports.
• 1000 Crore Rupees for Kapu Corporation.
• 65 Crore Rupees for Brahmin Corporation.
• 710 Crore Rupees for the welfare of Minorities.
• 8832 Crore Rupees for the welfare of Backward Classes.
• 3100 Crore Rupees for the welfare of Scheduled Tribes.
• 8.724 Crore Rupees for the welfare of Scheduled Castes.
• 252 Crore Rupees for Youth Empowerment.
• 642 Crore Rupees for Women Empowerment.
• 1132 Crore Rupees for housing.
• 4020 Crore Rupees for Energy security.
• 150 Crore Rupees for the safety of the road safety.
• 3184 Crore Rupees for development of roads.
• 250 Crore Rupees for Krishna Pushkaralu.
• 227 Crore Rupees to the Ministry of Tourism.
• 360 Crore Rupees for Information Technology.
• 772 Crore Rupees for ICDS scheme.
• 2933 Crore Rupees for Medical and Health.
• 2642 Crore Rupees for Higher Education.
• 17502 Crore Rupees for Primary Education.
• 127 Crore Rupees for the Handloom sector.
• 100 Crore Rupees to the food industry.
• 147 Crore Rupees for the silk industry (Sericulture).
• 659 Crore Rupees for the Department of Horticulture.
• 3660 Crore Rupees for Polavaram project.
• 7325 Crore Rupees for Irrigation Department.
• 674 Crore Rupees for Minor Irrigation sector.
• 77 Crore Rupees for new Entrepreneurs

Is this article important for exams ? Yes29 People Agreed

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK