Date: February 28, 2025
AP Budget 2024: Historic 3.22 Lakh Crore Outlay Announced
AP Budget 2024 Sets New Records
The AP Budget 2024-25 has created history, surpassing the ₹3 lakh crore mark for the first time. Finance Minister Payyavula Keshav presented the budget, unveiling an unprecedented outlay of ₹3.22 lakh crore, marking a significant milestone in the state’s financial planning.
3.22 Lakh Crore AP Budget 2024: A First in AP’s History
This is the largest budget ever presented in Andhra Pradesh, highlighting the NDA government’s ambitious development agenda. The massive financial plan is expected to fuel growth across key sectors and bring transformative changes to the state’s economy.
Key Focus Areas in the Budget
The record-breaking budget places special emphasis on core industries and social welfare programs. The highest allocations have been made to:
1. Agriculture Sector Development
Agriculture remains the backbone of Andhra Pradesh’s economy. The government has prioritized investments in:
Modernizing farming techniques
Irrigation infrastructure improvement
Direct benefits for farmers
2. SC/ST Housing and Welfare
The government has allocated substantial funds for the housing and upliftment of SC/ST communities, reinforcing its commitment to inclusive development.
3. BC Welfare and Social Upliftment
A significant portion of the budget is dedicated to BC welfare, ensuring access to education, employment, and financial support.
4. Panchayat Raj Department Expansion
To strengthen rural governance, the government is investing heavily in the Panchayat Raj sector, improving village infrastructure and local development programs.
Why Such a High Budget Allocation?
The NDA government committed to accelerating state-wide development, focusing on the Super Six programs and large-scale infrastructure projects. This required massive financial backing, resulting in this record-breaking budget.
Chandrababu Naidu’s Vision for Development
With Chief Minister Chandrababu Naidu at the helm, Andhra Pradesh is witnessing one of its most ambitious development phases. The government’s approach prioritizes:
- Robust infrastructure projects
- Enhanced social welfare programs
- Sustained economic growth
This historic budget signals aggressive policy-making aimed at transforming Andhra Pradesh into a progressive and self-sustaining state.
Conclusion: A Game-Changing Budget for Andhra Pradesh
The ₹3.22 lakh crore budget is a bold and strategic move by the NDA government, ensuring that key sectors receive strong financial backing. With unprecedented allocations, Andhra Pradesh is on a transformative growth path that could set new benchmarks in governance and economic development.
What’s Next?
As implementation begins, all eyes will on how effectively these funds utilized to drive real progress on the ground. Will this budget fulfill its promise of a stronger, more developed Andhra Pradesh? Time will tell!