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Buggana presents a Budget of ₹2.29 lakh crore

Women and child development gets ₹64,031.68 crore Finance Minister Buggana Rajendranath Reddy presented the State Budget for the financial year 2021-22 in the Legislative Assembly on Thursday with an expenditure of ₹2,29,779.27 crore and a revenue expenditure estimated at ₹1,82,196.54 crore. The capital expenditure, including loan repayments and other capital disbursements, were pegged around ₹47,582.73 crore. The estimated revenue and fiscal deficits were ₹5,000.05 crore and ₹37,029.79 crore, accounting for 0.47% and 3.49% of the GSDP respectively. Mr. Rajendranath Reddy said Andhra Pradesh was ranked the third in achieving the United Nations Sustainable Development Goals (SDGs) and they continued to be the government’s foremost priority. He observed that the SDG agenda assumed greater importance in the wake of the COVID-19 pandemic as nations and sub-national governments strived to emerge stronger and provide healthier environments to people.

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