3,22,359 crore budget. This is the state budget of Andhra Pradesh. The Budget introduced by the Finance Minister in the Assembly yesterday. This is the biggest budget in AP history. This is an angle.
Last CM pics are a frequent allegation that borrowing Rs. The opposition alleges that the Chandrababu government is also making debts. Let us look at the original latest budget calculations.
According to the Main Stream Media, how is every rupee coming to the state?
The rupee is 34 paise through taxes. That means the word through a variety of taxes. There are taxes on petrol and diesel. There are still a lot.
The rupee gets 18 paise through a share of central taxes. That means GST and income tax.
There are 6 paise through other earnings.
That means a total of 34 Plus 18 Plus 6 combines… 58 paise per rupee is clear. That’s not debt. The money coming to our state.
Apart from this, it is estimated that ten paise will come through grants. That means the center’s grants. Well they are not even to meet.
This means that the state earns 68 paise per rupee. And what about the remaining 32 paise? How is it?
Same debt. Selling securities to the open market or bringing it from various institutions. This is not what we say. Analysis provided in the mainstream media like the budget fluent today.
32,359 crore budget for 32 person funds to be brought through loans … This means that the debt of the AP state in the year is over the crores of crores. If this budget is to be implemented in the same way, or if the expectations are reduced, the debt will be reduced. Or if the debt is reduced, expectations will be reduced.
It will be revealed in the amendment budget to be introduced before next year.
