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AP Budget 2024 25 Telugu PDF Download

AP Budget 2024 presented by Finance Minister Buggana Rajendranath Reddy. To expand on this, the budget for Andhra Pradesh in the fiscal year 2024-25 is set at Rs. 2,86,389 crores. This budget allocates Rs. 2,30,110 crores for revenue expenditure and Rs. 30,530 crores for capital expenditure. The estimated revenue deficit stands at Rs. 24,758 crores, with a fiscal deficit of Rs. 55,817 crores. The fiscal deficit is about 3.51 percent of the Gross State Product (GSDP), while the revenue deficit is expected to be 1.56 percent.

It’s important to note that although the budget proposals cover the entire financial year, they are typically approved from April to July. The full budget will be officially introduced by the newly elected government post-elections. These financial allocations aim to drive growth and development in Andhra Pradesh for the upcoming fiscal year.


AP Budget 2024 Highlights

AP Budget 2024. Let’s delve deeper into this significant budget presentation. The budget for Andhra Pradesh stands at an impressive Rs. 2,86,389 crores, with a substantial allocation of Rs. 2,30,110 crores for revenue expenditure and Rs. 30,530 crores for capital expenditure. The fiscal deficit is projected at Rs. 55,817 crores, representing 3.51 percent of the Gross State Domestic Product (GSDP). Additionally, there is a revenue deficit of Rs. 24,758 crores, reflecting the financial dynamics of the state.

Moreover, the provision to introduce the budget for a five-year period marks a strategic move towards long-term planning and stability. This forward-thinking approach allows for better fiscal management and the implementation of sustained development initiatives. It’s commendable to acknowledge and appreciate all those who have contributed to shaping this comprehensive budget framework.

Reflecting on the past, the inaugural budget presentation from five years ago holds significance in highlighting the commitment and vision of the government. The reference to Jagan’s declaration of the manifesto as a holy book underscores the profound impact of political promises and the dedication to fulfilling them through budgetary allocations. This historical context adds depth and context to the evolution of budgetary processes and governance in Andhra Pradesh.

The AP Budget 2024 encapsulates not just financial figures but a vision for inclusive growth, infrastructure development, and socioeconomic progress. It sets the stage for transformative policies and programs that aim to uplift the state and its citizens. The strategic allocation of resources, coupled with prudent fiscal management, paves the way for a prosperous future for Andhra Pradesh.