Andhra Pradesh Finance Minister Payyavula Keshav on Saturday presented the ₹3.32 lakh crore budget for 2026‑27 in the State Assembly. The budget aims to balance social welfare, development, and financial stability.
Revenue expenditure is projected at ₹2.56 lakh crore, while capital spending is estimated at nearly ₹54,000 crore. The state plans a fiscal deficit of ₹75,868 crore and a revenue deficit of ₹22,002 crore, keeping fiscal discipline in mind.
Education and social welfare are top priorities. Over ₹32,300 crore is allocated to schools, including ₹15,000 per child under the “Talliki Vandanam” scheme. Rural development and backward class welfare also get a boost, with significant allocations for health, water resources, and Panchayati Raj initiatives.
Farmers will benefit through the Annadata Sukhibhava‑PM Kisan scheme, receiving ₹6,660 crore to support nearly 47 lakh families, along with additional funding for agriculture and allied sectors.
Finance Minister Keshav described the budget as a plan reflecting the aspirations of people across the state. It aligns with Andhra Pradesh’s long-term “Swarna Andhra 2047” vision, aiming for sustainable growth and prosperity.
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