Andhra Pradesh govt unveils Rs 3.22 trn welfare-focused Budget for FY26

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Andhra Pradesh govt unveils Rs 3.22 trn welfare-focused Budget for FY26 - Business Standard

Quick Summary:

The Andhra Pradesh budget for the fiscal 2025-26 tabled on Friday by the TDP-led NDA government accorded top priority to welfare schemes, promising to dole out Rs 20,000 per annum for farmers, doubling of financial relief for fishermen during a ban period and Rs 15,000 to school going children up to the intermediate level under "Talliki Vandanam" scheme.

Finance Minister Payyavula Keshav tabled the Rs 3.22 lakh crore budget and proposed Rs 20,281 crore for the Scheduled Caste (SC) component, Rs 8,159 crore for the Scheduled Tribes (ST) component, Rs 47,456 crore for the Backward Classes (BC) component and Rs 5,434 crore for the welfare of minority communities.

"I take pride in announcing that the government is launching the Talliki Vandanam scheme, to provide financial support of Rs 15,000 in the academic year 2025-26.