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Andhra Budget stresses on welfare schemes,Hyderabad upgrade

As the Andhra Pradesh government presented a tax-free,revenue-surplus Budget on Friday,it focussed on the populist welfare measures....

As the Andhra Pradesh government presented a tax-free,revenue-surplus Budget on Friday,it focussed on the populist welfare measures,with increased outlays for nearly a dozen such schemes. Emphasis was also laid on development,health,higher and technical education,development of state highways,and water supply for Hyderabad and Secunderabad.

Finance Minister K Rosaiah,on the sidelines of the Budget,said the Congress government was committed to making Hyderabad a ‘world-class city’ by completing the ongoing infrastructural projects and taking up new ones.

The statement assumes significance as civic elections are scheduled to be held in Hyderabad next month. “The government is keen on expediting construction of the eight-lane Access Controlled Expressway at an estimated cost of Rs 4,607 crore. The Centre has sanctioned 268 projects costing over Rs 12,523.70 crore under various sub-components of the flagship Jawaharlal Nehru National Urban Renewal Mission (JNNURM) with special emphasis on water supply,sewerage,transport and integrated development of slums,including housing,infrastructure projects and solid waste management. All these would be implemented to reshape the city,” the Finance Minister said.

“We are also improving water supply to the twin cities. The government had approved the ‘Maulana Abul Kalam Hyderabad Sujala Sravanthi’ scheme to draw water from Godavari river in

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three phases for Greater Hyderabad,” he said. “The twin cities will also greatly benefit from the allocation of Rs 3,826 crore in this year’s Budget for the municipal administration and urban development.”

Having presented the Budget for 2009-10 that is programmed for an expenditure of Rs 1,03,485.33 crore out of which Rs 63,301.22 crore is non-plan and Rs 40,184.11 crore under plan,the Finance Minister contended that it was the “best possible in the given circumstances”. It is estimated that the revenue surplus would be Rs 2,406 crore. The fiscal deficit is estimated to be Rs 16,162 crore,which would be 3.96 per cent of gross state domestic product (GSDP). The state,after achieving a record GSDP growth of more than 10 per cent for the four-year period of 2004-08,registered a low growth rate of 5.53 per cent for the year 2008-09.

First published on: 25-07-2009 at 04:40:42 am
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