AP BUDGET 2019_20
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Amaravati: AP Finance minister Buggana Rajendranath Reddy has introduced Budget in the Legislative Assembly on Friday. The government has presented the budget with Rs 2,27,974 crores. Minister Buggana has introduced his maiden Budget in the House. Speaking on the occasion, Minister has thanked the five crore people of the state who has given their historic mandate in the AP election results. After which Buggana Rajendranath Reddy has started his budget speech. AP Budget 2019-20 highlights: Total Budget: Rs 2,27,974 crores. Revenue deficit: Rs 1,778,52 crore Budget estamation: 19.32 percent incresed Revenue Expenditure: Rs 1,80,475 crore Under YSR Rythu Bharosa scheme investment support of Rs 12,500 will be provided every year in the month of May which includes tenant farmers. The government has decided to provide the amount from May 2020. For which the government has allocated Rs 8,750 crore for the scheme. For agriculture and allied sectors is Rs 20,677 crore and for YSR crop insura