Andhra Pradesh government on Monday presented a budget of Rs 2,94,427.25 crore for FY 25 with a revenue expenditure estimated at Rs 2,35,916.99 crore and capital expenditure at Rs 32,712.84 crore.
Finance Minister Payyavula Keshav, while presenting the budget in the Assembly, said the estimated revenue deficit is around Rs 34,743.38 crore (2.12 per cent of the GSDP) and the fiscal deficit is estimated at around Rs 68,742.65 crore (4.19 per cent of the GSDP) for the financial year.
“The budget proposals which I am presenting today were made by keeping the state’s financial position in consideration and to revive the (state) financially by creating wealth. This is aimed at restarting the financial wheels of the state,” said Keshav.