Finance Minister Yanamala Rama Krishnudu had introduced the first Budget of Andhra Pradesh after the state division. This is also TDP government’s budget after 10 years. Yanamala chose to spare the people with no new taxes in this budget.The total budget of the state amounts to 1,11,884 Crore with more than 25000 Crore deficit. The budget has maximum of 8465 Crore allotments to Irrigation department.
Yanamala tried to incorporate all the election promises of Telugu Desam Party. He made a mention about government being committed to Loan Waiver to farmers, Pensions to unemployed, 9 hours power to Agriculture sector, NTR Sujala Sravanthi etc in the budget at the same time blamed the previous UPA government which resorted to faulty division of income and assets between Telangana and Andhra Pradesh. He hoped that the new government at the center will play its part in covering the loss to AP.
Yanamala had announced the separate budget for Agriculture for the first time in AP history. He also confirmed that government is aiming to provide better services to people through various welfare schemes and to weed out the bogus, AP government is planning to make Aadhar link mandatory for all the schemes. The new budget also have several mentions of development plans establishing airports, IIITs, Ports, Promoting Tourism etc and Yanamala reiterated that his government is determined to make Andhra Pradesh as Swarna Andhra Pradesh.
