Andhra Pradesh Budget 2013-14: Highlights of AP Budget

AP Budget 2013-14

Andhra Pradesh Budget 2013-14: Highlights of AP Budget

Andhra Pradesh Budget 2013-14: Highlights of AP Budget

Hyderabad: Andhra Pradesh state finance minister Anam presented budget 2013 in Assembly on 18th March, 2013. He began his budget speak at 10.26 am yesterday. He informed that the government is devoted for the welfare of the weaker sections, He estimated that the fiscal deficit is going to be Rs. 24,487 cores. He revealed that funds were allotted for SC/ST sub plan. He said budget 2013-14 will help for the overall development of the state. He informed that he will work for the development of all sectors.

Highlights of state budget 2013-14

  • Planning cost Rs. 59,422 cores
  • Surplus cost: Rs. 1,01,926 crore
  • Total budget cost: Rs. 1,61,926
  • Surplus revenue: Rs. 1023 crores
  • Tribal welfare: Rs. 2126 crores
  • Social Welfare dept Rs. 4122 crores
  • Women and child Welfare: Rs. 2712 crore
  • Rural development Rs. 11200 crore
  • Civil supplies Rs. 3231 crore
  • House constructions Rs. 3226 cores
  • Minority Welfare Rs. 1027 crore
  • BC welfare Rs. 4027 crore
  • Tourism dept Rs. 163 crore
  • Youth Services Rs. 280 crores
  • Welfare for handicapped Rs. 73 crores
  • Trade and irrigation Rs. 13800 crores
  • Fuel and electricity Rs. 7117 crores
  • Road and Buildings Rs. 5451 cores
  • Infrastructure Rs. 180 crores
  • School education Rs. 16990 crores
  • Medical health Rs. 6481 cores
  • Urban development Rs. 6770 crores
  • Urban development Rs. 6770 crores
  • Higher education Rs. 4082 crores
  • Food processing Rs. 100 crores
  • Law & Order Rs. 5386 crore
  • IT sector Rs. 207 crore
  • Trade and Industries Rs. 1120 crores

This is the last budget that the Kiran Kumar government presented as assembly and parliament elections are scheduled to be held in April, May 2014. In 2014 the government can also present vote on account budget. The party that will come to the power will present the budget after the election. Government cannot also introduce special schemes before the elections. Thus the government will introduce new schemes according to the funds allotted for various sectors.

Funds allotted for important sectors are less that allotted in the year 2012-13. The government targeted SC/ST/BC and minority sections and allotted more funds to them. These will be utilized for special schemes to attract them. Government cut down the share of education sector also in the budget. The share of education in the budget earlier was 12.70 which have come down to 12.30 percent.