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Dr. Y. S. R. Rythubharosa: Financial Assistance to the Farmer in AP
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The Government of Andhra Pradesh is implementing, "YSR Rythubharosa" from October 15th, 2019, for providing financial assistance to the farmer families, including tenant farmers across the state Rs.12,500 - per farmer family per year to support the cultivators in meeting the investment during the crop season with a view to enable them to timely sourcing of quality inputs and services for higher crop productivity. Andhra Pradesh tables ₹2.29 lakh crore budget for FY22; Welfare, Health get priority for agriculture, the allocation has been ₹11, 210 crore. A. P. government has pegged an expenditure of ₹2.29 lakh crore and estimated revenue of ₹1.77 lakh crore in the annual budget for the year 2021-22. In his third budget presented in the state assembly on thursday, the Finance Minister, Buggana Rajendranath said the revenue and fiscal deficits would be at ₹5,000 crore and ₹37,029 crore, respectively. The revenue expenditure was pegged at ₹1.82 lakh crore while the capital expenditure has been estimated at ₹31,198.38 cores. The state's public debt will mount to ₹3,87,125 crore in 2021-22 from ₹3,55,874 crore the previous year as the government targeted to borrow ₹50,525 crore afresh.
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