Full Budget of AP will be introduced after 3 months

Full Budget of AP after 3 months,

Full Budget of AP will be introduced after 3 months: It is learned that the Andhra Pradesh Government has approved the ‘Vote-on-Account’ budget for a period of three months. The Full Budget of AP will be introduced after 3 months. The government has put a lot of emphasis on welfare schemes, mainly on the ‘Vote-on-Account’ budget. After welfare, huge allocations were made to agriculture and education. The ordinance was approved by Governor Biswabhusan Harichandan after the state cabinet gave the green signal to a total of 70,983.11 ‘Vote-on-Account’ budget for the first three months of the 2021-22 financial year.

The Secretary to the Judiciary has also given notification to publish the Ordinance as a Gazette. Later SS Rawat, Principal Secretary, Ministry of Finance issued orders on the ordinance. The HODs and Chief Controlling Officers of the respective departments are not willing to spend more than the funds allotted to the respective departments.

Rs 63,020.55 crore in the budget is estimated to be spent by various departments and is included in the ‘Vote-on-Account’. Also, Rs 7,962.55 crore has been allocated from the Consolidated Fund under expenditure. The state government has made better allocations for the implementation of welfare schemes in the ‘Vote-on-Account’. In particular, social welfare, BC welfare, tribal and minority welfare, women and child welfare, and the welfare of the disabled together amounted to over Rs 10,000 crore.

Rs 7,171.26 crore has been earmarked under revenue expenditure and Rs 167.64 crore under-investment expenditure for agriculture, which ranks next to welfare. It seems that funds at this level have been allocated for farmer assurance funds.

7,972 crore has been allocated for education. Jagan anna Vidyakanuka seems to have given priority to education for day-to-day projects. While Rs 2,000 has been allotted for the construction of the irrigation project, a total of Rs 2,653 crore has been allotted to the Irrigation Department. Rs 3,567 crore has been allotted to the medical health department.

For the financial year 2020-21, Rs. The Andhra Pradesh state government has also approved a supplementary budget of Rs 7,955.66 crore. Orders were issued to the effect that an ordinance is issued to that effect. In the current financial year 2020-21, from November 26 last year to March 31, 2021, the government has spent more than the budget allocation. The governor also gave the green signal after the cabinet approved the supplementary bill. The government has also allocated Rs 13.59 crore under the Consolidated Fund and Rs 7,942.07 crore for additional expenditure on a departmental basis.

Also know more about Telangana State Budget 2021.

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