AP Budget 2024 Live Updates: Annual Budget of Rs 2.94 Lakh Crores for AP


Major Allocations for Pawan Kalyan’s Ministries

The Andhra Pradesh government has made substantial allocations in the state budget for the departments headed by Deputy Chief Minister Pawan Kalyan.

₹16,739 crore for Rural Development and Panchayati Raj

₹687 crore for the Forest and Environment Department

Budget Borrowing Details

The state has decided to borrow ₹91,443 crore this year.

The Andhra Pradesh government estimates a revenue of ₹2,01,000 crore.

It has also indicated that ₹24,498 crore will be allocated for debt servicing.

Key Highlights of AP Budget 2024

The total annual budget stands at ₹2.94 lakh crore.

Revenue expenditure is estimated at ₹2.34 lakh crore.

The fiscal deficit is projected at ₹68,743 crore.

The revenue deficit is expected to be ₹34,743 crore.

₹16,739 crore allocated for Panchayati Raj and Rural Development.

₹16,705 crore for Water Resources.

₹2,326 crore for Higher Education.

₹11,490 crore for Urban Development.

₹3,127 crore for Industries and Commerce.

₹8,207 crore for the Energy sector.

₹8,495 crore for the Police Department.

₹3,907 crore for BC Welfare.

₹4,376 crore for Minority Welfare.

₹7,557 crore for SC Welfare.

₹687 crore for the Forest and Environment Department.

₹4,012 crore for Housing.

₹1,215 crore for Skill Development.

Also read: Pawan Kalyan Skips Cabinet Meeting, Flies to Delhi: Chandrababu Tensed!

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