The govt of Andhra Pradesh released it's annual budget... which is not so effective.... the allocations of funds on the important sectors like youth welfare and information technology are really poor and are in a stage of worried..... most of the great leaders of our country told that " young generation people are the back bone for country's development " but the govt didnt remembered it while preparing the budget .... just 57.95crores are given.
most of the income in our state is depending upon the it field .. around 3,000 crores the govt of AP is gaining from the it field but the allocations on this field are also too less.... which is around 51 crores..which is really very very poor...
out of 1,28,542 crores budget.... the deficit is around 17,602 crores and the industrial growth rate is expected to be around 7.79% by the end of this financial year....
this year budget is 20% more than the previous year's budget....
this is the first budget presented by Mr. Aanam Ramnarayana Reddy as the financial minister of our state.....
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