Highlights of Andhra Pradesh Budget 2023
The Andhra Pradesh government has allocated Rs. 2.83 lakh crore for the financial year 2023-24, which is an increase of 9.9% over the previous year's budget.
The budget includes a focus on infrastructure development, with a significant allocation of funds for the construction of new highways, railways, airports, and seaports.
The government has also allocated funds for the development of new industrial parks, with a focus on attracting investment and creating employment opportunities.
In addition to infrastructure development, the budget also includes measures to support agriculture and rural development, with a focus on improving irrigation facilities and providing financial assistance to farmers.
The budget also includes provisions for the development of the education and healthcare sectors, with a focus on increasing access to quality services for all citizens.
The government has also announced several tax incentives and exemptions to attract investment and promote entrepreneurship in the state.
The budget has been welcomed by industry leaders and analysts, who see it as a positive step towards accelerating the state's economic growth and development.