Finance Minister Keshav criticised the economic mismanagement of the previous government, including halted capital expenditures, resource diversion, and the accumulation of over Rs. 1.35 lakh crore in unpaid liabilities.
He underscored the need to reboot the state’s economic engine through wealth creation, starting with the agriculture sector, which remains a cornerstone of Andhra Pradesh’s economy. Key initiatives like the “Annadatha Sukhibhava” scheme, which provides investment support to farmers, and “Polam Pilusthondi”, aimed at improving agricultural productivity, were highlighted.
A budgetary allocation of Rs. 11,855 crore has been proposed for agriculture and allied sectors. Also Read – Budget session from today Emphasising the government’s commitment to both welfare and development, Minister Keshav outlined several initiatives aimed at uplifting marginalised communities.The government has raised social security pensions from Rs. 3,000 to Rs. 4,000 per month, benefiting over 64 lakh pensioners. Financial assistance for students and support for traditional occupational
groups such as weavers and artisans are also a priority.
Notably, the government has earmarked Rs. 18,497 crore for Scheduled Castes (SCs), Rs. 7,557 crore for Scheduled Tribes (STs), Rs. 39,007 crore for Backward Classes (BCs), and Rs. 4,376 crore for minorities. On the whole, it can be considered as a welfare budget.
