Andhra Pradesh State Budget 2017-18 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Andhra Pradesh FY 2017-18
Andhra Pradesh State Budget 2017-18 Budget at a Glance
Total Receipts
Rs 1.09 lakh crore
+8.7%
Total Expenditure
Rs 1.48 lakh crore
+11.5%
Fiscal Deficit
2.9%
Rs 22,000 crore
Capital Expenditure
Rs 22,500 crore
+14.8%
Tax Revenue
Rs 59,900 crore
+8.1%
Interest Payments
Rs 12,200 crore
8% of expenditure
Andhra Pradesh Revenue Receipts 2017-18
Own tax revenue vs non-tax revenue breakdown
Andhra Pradesh Expenditure Breakdown 2017-18
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP â Andhra Pradesh 2017-18
The fiscal deficit for Andhra Pradesh in 2017-18 is 2.9% of GSDP (Rs 22,000 crore), reflecting the state's borrowing needs to fund development programmes.
States are expected to maintain fiscal deficit within 3% of GSDP as per the FRBM Act. Andhra Pradesh is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 12,200 crore consume 8.3% of total expenditure.
Andhra Pradesh State Budget 2017-18 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 1.5 lakh crore | 100% |
| 1. Revenue Receipts | Rs 1.09 lakh crore | 72.5% |
| a. Own Tax Revenue | Rs 59,900 crore | 40.0% |
| b. Non-Tax Revenue | Rs 6,640 crore | 4.4% |
| B. Total Expenditure | Rs 1.48 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 1.25 lakh crore | 84.8% |
| 2. Capital Expenditure | Rs 22,500 crore | 15.2% |
| of which: Interest Payments | Rs 12,200 crore | 8.3% |
| C. Fiscal Deficit | Rs 22,000 crore | 2.9% of GSDP |
Source: Andhra Pradesh State Budget Documents via PRS India. All figures in Indian Rupees.
Andhra Pradesh Budget 2017-18 Analysis & Highlights
Key Highlights
- Total expenditure rises to Rs 1,56,000 crore with Amaravati construction accelerating to visible infrastructure stages.
- GST rollout in July 2017 disrupts AP's revenue transition, with initial collections 12% below projections.
- Polavaram project receives Rs 6,000 crore as the cofferdam stage is completed ahead of monsoon deadline.
- Amaravati's Secretariat complex construction begins with Rs 7,200 crore capital city allocation.
- Aquaculture exports hit Rs 38,000 crore as vannamei shrimp prices surge in international markets.
- State-Centre relations strain as BJP denies special category status, TDP threatens alliance exit.
- AP becomes India's first state to achieve 100% LED street lighting across all urban local bodies.
- Farm loan waiver announced for up to Rs 1.5 lakh, costing Rs 24,000 crore phased over 4 years with first tranche of Rs 7,500 crore.
- Revenue deficit widens to 1.6% of GSDP as GST transition disrupts the tax base.
- Solar power capacity additions of 3,500 MW in Kurnool and Anantapur districts make AP India's solar leader.
- Healthcare spending at Rs 7,500 crore includes NTR Vaidya Seva (successor to Aarogyasri) covering 1.4 crore families.
- Market borrowings touch Rs 32,000 crore as Amaravati and Polavaram require extraordinary financing.
- Visakhapatnam-Chennai Industrial Corridor receives Rs 2,000 crore for land acquisition and trunk infrastructure.
Compare Andhra Pradesh Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 1.32 lakh crore | Rs 1.48 lakh crore |
| Revenue Receipts | â | â | â | Rs 99,870 crore | Rs 1.09 lakh crore |
| Capital Expenditure | â | â | â | Rs 19,600 crore | Rs 22,500 crore |
| Fiscal Deficit (% GSDP) | â | â | â | 2.9% | 2.9% |
| Own Tax Revenue | â | â | â | Rs 55,400 crore | Rs 59,900 crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Andhra Pradesh State Budget 2017-18
The Andhra Pradesh state budget is the annual financial plan presented in the state legislature. It covers all revenue receipts, expenditure allocations across departments, and fiscal deficit management. State budgets are critical because states handle key development areas including education, health, agriculture, and infrastructure.
Andhra Pradesh Revenue Sources
State revenue comes from three sources: own tax revenue (state GST, stamp duty, excise, vehicle tax), non-tax revenue (fees, fines, interest), and transfers from the Centre (share of central taxes as per Finance Commission recommendations, plus grants-in-aid for specific schemes).
Fiscal Deficit and State Borrowing
Under the FRBM framework, states target a fiscal deficit of 3% of GSDP. States can borrow from the market via State Development Loans (SDLs), and the central government also provides loans. The RBI manages the borrowing calendar for states to ensure orderly market conditions.
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Compare Andhra Pradesh with other states
Side-by-side comparison of fiscal metrics across Indian states