Home » Hyderabad » Welfare & Development Gets Priority Anam Presents Rs.1,28,542 Cr Tax Free Budget

Welfare & Development Gets Priority Anam Presents Rs.1,28,542 Cr Tax Free Budget

Posted by on February 23, 2011 0 Comment

Hyderabad, Feb 23: The Finance Minister Mr Anam Ramanarayana Reddy presented in the Legislative Assembly on Wednesday , the State’s Budget estimates for the financial year 2011 – 12, stating that it is programmed for an expenditure of Rs.1,28,542 crores, out of which Rs.80,984 crores under Non-plan and Rs.47,558 crores under Plan. It is estimated that the revenue surplus would be Rs.3,826 crores. The fiscal deficit is estimated to be Rs.17,602 crores, which would be 2.95 per cent of GSDP, he added.

This is the first time that Mr Ramanarayana Reddy is presenting the Budget.

It is a tax-free Budget. In his 30-page budget speech, the Minister said that during the year 2011-12, Central transfers to State are expected to an extent of Rs.32,218 crores out of which, State share in central taxes is Rs.16,826 crores and central grants under AIBP and other Centrally sponsored schemes is Rs.15,392 crores.

He also said that the 13th Finance Commission had recommended total transfers amounting to Rs.13,919 Crores to the State for the award period 2010-11 to 2014-15. In the next financial year 2011-12, the State would get an amount of Rs.2,359 crores under 13th Finance Commission recommendations.

The Finance Minister stated that “the Government is committed to continue all welfare programmes like Rs. 2 per KG rice, free power supply to the farmers, Rajiv Arogyasri, old age pensions, Indiramma housing, pavala vaddi under Indira Kranthi Padham, Dr. YSR Abhayahastham, reimbursement of tuition fee etc. It is over endeavour that the fruits of all these welfare schemes should reach the needy and eligible sections of the society.

Equal emphasis has been laid on development programmes, by continuing substantial allocations to infrastructure sectors like irrigation, roads, buildings, water supply, power etc., in the budget”, he said.

He said the Government believes in deployment of scarce resources judiciously to improve the productivity levels and therefore, it has been increasing the annual plan outlays consistently. Total plan outlay for 2011-12 is Rs.47,558 crores out of which State plan is Rs.42,931 crores and centrally sponsored schemes account for Rs.4,627 crores. Plan size accounts for 37 per cent of the total expenditure. He said he was glad that as per their promise to the people of our State made in 2009, “we have provided adequate funds for all the welfare and development schemes in the proposed budget with a special emphasis on Education, Welfare, specially Minority welfare, Health, Infrastructure, Animal Husbandry and Youth Advance and sports sectors”. The allocation for economic services represent 57.64 pr cent, allocation for social services represent 40.78 per cent and for general services represents 1.58 per cent of total plan outlay of Rs.47,558 crores proposed in the Budget Estimates 2011-12, he added.

Mr Ramanarayana Reddy said that the Government strongly believes in ensuring effective delivery system of services to the people at the bottom rungs of the Society. The entire country has acknowledged the efforts of the State Government in this regard. Many States have tried to emulate the pro-poor schemes of the Government, like Rs.2 per Kg rice and Arogyasri. Government have provided food security to all, despite the huge costs. Consistent efforts are being made to provide employment opportunities in both organized and un-organized sectors. Pensions have been sanctioned to the old aged as a social security measure. All the eligible poor have been sanctioned pucca houses on saturation basis with an aim to make Andhra Pradesh free from huts. Women Self Help Groups in rural and urban areas are being supported with bank credit and pavala vaddi.

Asserting that food security assumed the highest priority of the Government, he said that two crore BPL card holders are being supplied essential commodities at subsidized rates through Public Distrbution System. Every month three lakh metri tones of rice at Rs.two per kg, about 20,000 metric tones of Red gram dal at Rs.50 per kg, 20,000 kilo litres of Palmolein Oil atRs.35 per litre are being distributed through the pubic distribution system. 49,644 kilo litres of kerosene per month is being distributed through this system.

The Minister said that the UIDAI (Aadhaar) enrolment is going on in full swing in seven districts of Srikakulam, East Godavari, Adilabad, Rangareddy, Hyderabad, Chittoor and Anathapur. Presently, Maheswaram Mandal in Rangareddy district has been saturated with issue of Smart Cards and essential commodities are being issued on smart cards after authentication on Point of sale at the fair price shops. This would enable complete transparency and control in the Public distribution system, he said and added that Rs.2,500 crores is proposed in the Budget estimates for Rice Subsidy scheme. (NSS)

No comments yet... Be the first to leave a reply!

Leave a Reply