AP Budget 2019 Highlights


Finance Minister Yanamala Ramakrishnudu presented the State Budget for the financial year 2019-20 on Tuesday.

Liabilities of AP increased to Rs 2,23,706 crore by the end of financial year 2017-18 as against Rs 1,48,744 crore in fiscal 2014-15.

Total Construction Cost of Amaravati – Rs 1,09,023 crore. Estimated Cost of Phase 1 – Rs 51,687 crore. Construction Works worth Rs 39,875 crore are under progress.

Revenue Expenditure and Capital Expenditure are estimated to be 20.03 percent each. While Revenue Expenditure for 2019-20 is about Rs 1,80, 369.33 crore, Capital Expenditure is estimated to be Rs 29,596.33 crore. Revenue Surplus accounts to Rs 2,099.47 crore. Rs 32, 390 crore fiscal deficit is about 3.03 percent of the AP’s GDP. Budget Estimates for 2019-20 increased by 18.38 percent when compared to 2018-19.

Amaravati Marine Project which is projected as India’s largest marine project is likely to operational by June 2019.

Land Allotments were done for 8 Star Hotels (4-Star & 5-Star) in Amaravati. Novotel, Hilton, Crown Plaza, Holiday Inn, Green Park, GRT and Daspalla will be setting up their new branches.

Rs 35,182 crore for Panchayat Raj

Rs 29,955 crore for Human Resources Department

Rs 16,226 crore for BC Sub-Plan

Rs 14,367 crore for SC Sub-Plan

Rs 5,385 crore for ST Sub-Plan

Rs 10,032 crore for Medical and Health Department

Rs 5,000 crore Annadatha Sukhibava

Rs 4,194 crore for Industries

Rs 4,099 crore for Housing

Rs 4,000 crore for Pasupu Kunkuma Scheme

Rs 3,000 crore for BC Welfare Corporation

Rs 2,883 crore for fee-reimbursement of SC, ST, BC and Minority Students

Rs 2,266 crore for Land Pooling

Rs 1,304 crore for Minority Welfare

Rs 1,200 crore for NTR Vaidhya Seva

Rs 1,000 crore for Kapu Welfare Corporation

Rs 1,000 crore for Pensions

Rs 300 crore for Anna Canteens

Rs 100 crore for Brahmin Corporation

Rs 24,000 crore spent for waiver of Farm Loan Waiver

Unemployment Allowance increased from Rs 2,000 to Rs 1,000 per Month

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