User Account




AP Budget outlay for 2013-14 up at Rs 1.61 lakh cr

AP Budget 2013-2014, Andhra Pradesh 2013-14 budget, AP 2013-14 Budget Highlights, agriculture budget in Andhra Pradesh, agriculture budget in ap budget, total budget of andhra pradesh, Anam Ramnarayan Reddy, AP Budget Details, Kanna Laxminarayana presents agriculture budget

The Andhra Pradesh Finance Minister, Anam Ramnarayana Reddy, has proposed an expenditure outlay of Rs 1,61,348 crore for the State for 2013-14.

This includes a non-Plan expenditure of Rs 1,01,926 crore and Plan expenditure of Rs 59,422 crore.

This is expected to result in a revenue surplus of Rs 10,023 crore and a fiscal deficit of Rs 24,487 crore, leading to a fiscal deficit of 2.85 per cent of gross state domestic product.

The Finance Minister said he was confident that the Budget will infuse new energy into the strategy of inclusive growth in the State.

The Andhra Pradesh Budget for 2012-13 was fixed at Rs 1,45,854 crore with non-Plan allocation at Rs 91,824 crore, reflecting an increase of 13.89 per cent and Plan outlay at Rs 54,030 crore, up 13.61 per cent over the current financial year.

He described the budget as momentous, as allocations enshrine the priority agenda of inclusiveness.

It is the first budget after the state enacted a historic legislation in December last year to give statutory status to the scheduled castes and scheduled tribe sub-plan.

Under this legislation, the first in the country, funds have been allocated separately to SC sub-plan and ST sub-plan in proportion to the population of these sections.

The total allocation for SC sub-plan in 2013-14 budget is Rs.8,585 crore and for the tribal sub-plan Rs.3,666 crore, which is 16.21 and 6.92 percent of the annual plan size respectively.

The finance minister said another path-breaking feature of this year's budget is the presentation of the first-ever exclusive agriculture action plan, which is expected to help in comprehensive development of the agriculture sector.

Another change brought in the budget presentation this year is the constitution of departmentally related standing committees of the state legislature for considering the demands for grants.

Agriculture budget in Andhra Pradesh

The first-ever exclusive agriculture budget in Andhra Pradesh, in addition to the general budget, would be presented in the Assembly on Monday.

State Agriculture Minister Kanna Laxminarayana would present the agriculture budget soon after the general budget is read out by Finance Minister A. Ramanarayana Reddy.

The farm sector budget would cover allocations for agriculture and eight allied sectors including horticulture, animal husbandry, fisheries, marketing, cooperatives, sugar, water supply and food processing.

According to Mr. Laxminarayana, the special agriculture budget would herald a new era in the State’s agriculture sector.It would ensure better coordination among officials of various departments and instil confidence among agriculturists with various steps for their benefits, he said.

A massive exercise preceded the presentation of the agriculture budget.As per the idea of Chief Minister N. Kiran Kumar Reddy, a team led by Mr. Laxminarayana visited neighbouring Karnataka and studied the concept of agriculture budget being made there.

Related News