Andhra govt proposes expenditure of Rs 1,11,824 crore for 2014-15

Tags: News
The Andhra Pradesh government today proposed an expenditure of Rs 1,11,824 crore in its Budget estimates for 2014-15, without imposing any fresh taxes.

"For financial year 2014-15, government proposes an expenditure of Rs 1,11,824 crore; Non-plan expenditure is estimated at Rs 85,151 crore and plan expenditure at Rs 26,673 crore," state Finance Minister Y Ramakrishnudu said in his Budget speech in the Legislative Assembly.

The estimated revenue deficit has been pegged at Rs 6,064 crore and fiscal deficit is estimated at Rs 12,064 crore.

The fiscal deficit works out to 2.30% of GSDP (Gross state domestic product) whereas the revenue deficit is estimated at 1.16%.

"These estimates include the receipts and expenditure of two months relating to undivided state of Andhra Pradesh and the anticipated additional assistance of Rs 14,500 crore from the Government of India in the context of state reorganisation," he said.

EDITORIAL OF THE DAY

  • Nothing short of a uniform civil code will work in India

    When the Jamiat-Ulama-I-Hind (JUH), a powerful body of muslim clerics dedicated to address the aspirations of the community, turns to quote the religi

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Tushar Gandhi

A democracy must stand up for its people

We are the world’s most populous dem­ocracy, but behave in ...

Purnendu Ghosh

A curious and an innovative mind

Curiosity is hard-wired into our psyche. We all recognise that ...

Shona Adhikari

A good time for European art auctions

This week, we bring you interesting art news and the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture