Andhra Pradesh Budget 2026-27
Annual Financial Statement for FY 2026-27 was presented by Finance Minister Payyavula Keshav in the Andhra Pradesh Legislative Assembly on February 14, 2026. Under the leadership of Chief Minister N. Chandrababu Naidu, this budget focuses on fiscal consolidation, welfare continuity, infrastructure push, education, health, agriculture, and long-term vision for Swarna Andhra @2047 (a developed Andhra Pradesh by 2047)
Key Figures
- Total Budget Size: ₹3,32,205 crore (an increase of about ₹10,000 crore or ~3% from the previous year’s ₹3.22 lakh crore).
- Revenue Expenditure: ₹2,56,142–2,56,143 crore.
- Capital Expenditure/Outlay: ₹48,697–53,915 crore (sharp jump of ~16–33% in some reports, focusing on asset creation and infrastructure).
- Revenue Deficit: ₹22,002 crore (1.11% of GSDP).
- Fiscal Deficit: ₹75,868 crore (3.84% of GSDP), indicating calibrated fiscal discipline and consolidation.
- Revenue Receipts: Estimated at ~₹2,34,140 crore (strong growth from previous revised estimates).
- Tax Revenues: Significant upswing, with SGST projected at ₹45,078 crore.
- Targeted Growth: Aims for robust economic expansion (e.g., 11.25% in some references), with emphasis on investment inflows (~$15 billion or ₹1.35 lakh crore proposed in collaborations).
Major Focus Areas and Highlights
- Education (Highest Allocation): School Education over ₹32,300–32,308 crore (including ₹1,500 crore for infrastructure overhaul). Higher Education ₹2,567 crore; Skill Development ₹1,232 crore. Schemes like Talliki Vandanam, Samagra Shiksha (₹2,946 crore), Dokka Seethamma Midday Meal (₹2,161 crore), and others for scholarships and student support.
- Welfare & Social Security: Continued emphasis on women, farmers, and vulnerable groups. Allocations for BC component (₹51,021 crore), Women & Child Welfare (₹4,581 crore), NTR Bharosa pensions, Deepam 2.0 (LPG support), and Anna Canteens. Focus on empowering families directly.
- Agriculture & Allied Sectors: ₹13,598 crore proposed. Support via Annadatha Sukhibhava–PM Kisan (releases to farmers), Price Stabilisation Fund (₹500 crore), cooperative credit, and power subsidies (₹11,000 crore benefiting farmers). Push for Rayalaseema as a Global Horticulture Hub (₹30,000 crore plan).
- Infrastructure & Urban/Rural Development: Panchayati Raj & Rural Development ₹22,942 crore (rural roads strengthening). Municipal Administration & Urban Development ₹14,539 crore. Amaravati capital city development (₹6,000 crore + facilitation of ₹4,000 crore via UIDF; total sanctioned works ₹57,868 crore). Three City Economic Regions (Visakhapatnam ₹28,000 crore with NITI Aayog expertise, Amaravati, Tirupati) as growth engines. Renewable energy, clean energy projects, e-buses, and roads.
- Health: ₹19,306 crore (after clearing past liabilities).
- Other Key Thrusts: Water Resources ₹18,224 crore; Energy ₹13,934 crore; Transport/Roads ₹9,856 crore (including e-buses and road works). Initiatives like Amaravati Quantum Valley for AI/quantum tech, Semiconductor Mission 2.0, Rare Earth Corridor, and AP Wealth Fund for long-term growth. Industrial investments with global partners (e.g., Google)
Official Sources for Full Details
- Andhra Pradesh Finance Department Portal: https://apfinance.gov.in/budget.html (includes Annual Financial Statement, Explanatory Memorandum, Demands for Grants, Budget Speech in English/Telugu, Gender/Child Budgets, etc.—download PDFs for 2026-27).