In the latest budget announcement, the Finance Minister unveiled a comprehensive fiscal plan with allocations aimed at addressing key sectors and enhancing welfare programs. Despite an estimated revenue deficit of ₹34,743.38 crore (2.12% of GSDP) and a fiscal deficit of ₹268,742.65 crore (4.19% of GSDP), the budget reinforces the state’s commitment to equitable growth and development across various segments.
Key allocations include ₹11,855 crore for agriculture and allied sectors, supporting crucial initiatives like Annadatha Sukhibhava–PM KISAN scheme, Polam Pilusthondi, Vaddi Leni Runalu, and the distribution of Soil Health Cards. These programs aim to boost agricultural productivity and support the livelihoods of farmers. A dedicated fund of ₹1,215 crore has been allocated for skill development to enhance employability across industries.
Significant allocations for welfare include ₹18,497 crore for Scheduled Castes, ₹7,555 crore for Scheduled Tribes, ₹239,007 crore for Backward Classes, and ₹24,376 crore for minority welfare. A strong focus on women and child welfare is reflected in the ₹24,285 crore allocation. For education, ₹29,909 crore is directed to school education and ₹2,326 crore for higher education, reinforcing the state’s commitment to building a skilled future workforce.
In the healthcare sector, ₹18,421 crore will be allocated, while urban development and panchayat raj will receive ₹11,490 crore and ₹16,739 crore, respectively. Infrastructure development sees a substantial boost, with ₹29,554 crore allocated for roads and buildings, ensuring better connectivity and road safety.
With a total revenue expenditure of ₹2,35,916.99 crore and capital expenditure set at ₹32,712.84 crore, the overall budget estimate stands at ₹2,94,427.25 crore. The Finance Minister highlighted that these allocations are part of the “Super Six” promises, pledging support for a broad range of welfare schemes and development initiatives to improve the quality of life for all citizens.
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