AP Finance minister Buggana Rajendranath Reddy presents Rs.2.27Lakh crores budget

Amaravati: Finance minister Buggana Rajendranath Reddy proposed a total of Rs. 2,27,974.99 crore as budget estimations for the financial year 2019-20, in his maiden budget, on Friday here in Assembly.

This is 19.32 per cent higher than that of the previous budget.

The revenue expenditure is estimated as Rs 1,80,475.94 crore. Capital expenditure is Rs 32,293.39 crore. Fiscal deficit I'd estimated as 3.30 percent and revenue deficit is 0.17 percent.

Important Major and New Schemes

YSR Rythu Bharosa Rs. 8750.00, Y.S.RNine Hours Free Power Supply Rs. 4525.00,

Price Stabilization Fund Rs 3000.00,

Disaster Management Rs 2002.08,

YSR - PM Faisal Bima Yojana Rs 1163.00,

Power Subsidy to Aqua Farmers Rs 475.00,

Bore Wells under YSR Rythu Bharosa Rs 200.00.