AP Budget 2024: Budget budget in AP Assembly.. Five years of progress is not consistent! | Telugu News

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Buggana mentioned the progress of AP in the field of micro-irrigation method, fish production, promotion of aqua sector and implementation of National Food Security Act.

AP Budget 2024: Budget budget in AP Assembly.. Five years of progress is not consistent!

AP Budget 2024: Finance Minister Buggana Rajendranath Reddy presented the budget in the AP Assembly today. He was able to introduce the budget for the fifth consecutive time as the finance minister. On this occasion, he tried to explain the financial progress and funds obtained from the Center for the last five years with statistics and examples. He mentioned the economic progress of AP during the five years of YCP rule. In 2018-19, it was ranked 14th with 11% of the state's gross product, and by 2023, it has been announced that it will reach the 4th position at the national level by increasing to 16.2%.

He mentioned that as per the Action Plan for Reforms in the financial year 2020-21, our state has got the top position in terms of ease of trade. He reminded that the compound annual growth rate of agriculture sector was 12th in 2019 with 8.3%. Today it is in sixth place with 13% growth rate. He concluded that the credit for bringing about radical changes in the agriculture sector and the welfare schemes goes to the YCP government. He clarified that AP is the only state in the country which has introduced free crop insurance scheme. He said that our Rythu Bharosa Kendras have received appreciation from the World Bank for providing services to 13 lakh 6 thousand farmers across the state. He said that seeing the assurance provided by the government from seed to sale, other states in the country are implementing it.

Buggana mentioned the progress of AP in the field of micro-irrigation method, fish production, promotion of aqua sector and implementation of National Food Security Act. He said that giant industries like Microsoft, Jindal, Reliance, Adani, Lawrence Synthesis, TCS, Infosys, Hero Moto Corp, Yokahama, Grasim Industries, Green Co Energy have invested in the state. On the whole, Buggana Rajendranath declared that the YCP government has sincerely worked for the comprehensive development of the state in this budget which was introduced before the elections.

However, the opposition is wrong about the progress made in the last five years along with these budget allocations. If the development of the state is in the direction of regression, Buggana Rajendranath Reddy says that it is ironic to say that the development index is moving towards the direction of progress. It was described as a drama played by the YCP government to gain benefits in the third election.

Tags

  • AP Budget
  • AP Budget 2024
  • ap politics
  • Finance Minister Buggana

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