YSR Congress Government presented a 2.27 Lakh Crore Budget in the State Assembly. Finance minister Buggana Rajendranath Reddy presented the budget with the revenue deficit projected at Rs 1,778.52 crore, the revenue expenditure is expected to go up by 20.10 percent by the end of the 2019-20 financial year.
Very much on expected lines, the Government has totally ignored Amaravati construction in the Budget. The finance minister allocated only 500 crores for Amaravati, which will be just sufficient to pay an annuity to farmers and monthly pension to agriculture laborers. This reinforces doubts about the shifting of the Capital.
Immediately after coming to power, the State Government brought all the projects in the Capital to a Stand-still. The Manifesto of YSR Congress before the elections did not give any commitment about the State Capital. There are rumors that the government is planning to develop Donakonda instead of Amaravati.
Farmers who have given lands voluntarily to the State Government are in doldrums with the land prices on a free fall since Jagan is elected. This meager allocations in the budget very much indicate that Jagan is certainly having some other ideas but is yet to reveal them.Don't MissAmma Rajyam Lo Kadapa Biddalu Review - RGV Falls to A New LowBOTTOM LINE RGV Falls to A New Low OUR RATING 0.5/5 CENSOR "U/A" Certified, 2...Don't MissVersatile Personality, Legendary Artist Gollapudi Maruthi Rao No MoreNoted film personality, a versatile artist and multifaceted personality Gollapudi Maruthi Rao is no more....Don't MissWill Sakshi Face The Question of Credibility?Sakshi Media is an asset for YS Jagan Mohan Reddy while in the Opposition. The...Don't MissTeaser Talk: A Typical Trivikram Entertainer For Festival CrowdThe teaser of Stylish Star Allu Arjun’s upcoming film Ala Vaikunthapurramulo is out. After the...Don't Missచంద్రబాబుని సస్పెండ్ చెయ్యాలంటూ డిమాండ్ఆంధ్రప్రదేశ్ అసెంబ్లీలో అసలు విషయాలకంటే అనవసరపు రాద్ధాంతం ఎక్కువగా జరుగుతున్నట్టుగా ఉంది. ప్రతిపక్షంపై ఎదురుదాడి కొనసాగుతూనే ఉంది. తాజాగా పాఠశాలల్లో...