The Andhra Pradesh Government is all set to release the 2022-2023 State Budget on the 11th of March, Friday. Mr. Buggana Rajendra, the Finance Minister of Andhra Pradesh, would present the budget, introduced by Mr. Y.S. Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh.
While Mr. Buggana Rajendra would present the annual State Budget, Mr. Kanna Babu would present the agriculture budget. According to sources, the Yuvajana Sramika Rythu Congress Party (YSRCP) Government had put a lot of emphasis on the welfare schemes, growth and development of the State and other schemes under the YSRCP Government.
If sources are to be believed the 2022-2023 budget is estimated to be over Rs. 2.50 lakh crore, more than 2021-2022 budget of Rs. 2.30 lakh crore.
Furthermore, under the 2022-2023 budget, allocations would be for the Jagananna colonies, the education sector, and even the medicinal sector.
With this, the State Assembly Budget would introduce the 2022-2023 Budget and approve the same. In addition, the Andhra Pradesh Assembly Budget started from the 7th of March and would continue till the 25th of March.
Stay tuned for further updates.
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