Andhra Pradesh State Budget 2021-22 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Andhra Pradesh FY 2021-22
Andhra Pradesh State Budget 2021-22 Budget at a Glance
Total Receipts
Rs 1.48 lakh crore
+19.0%
Total Expenditure
Rs 2.03 lakh crore
+13.4%
Fiscal Deficit
3.4%
Rs 37,500 crore
Capital Expenditure
Rs 24,300 crore
+30.6%
Tax Revenue
Rs 79,500 crore
+26.6%
Interest Payments
Rs 23,800 crore
12% of expenditure
Andhra Pradesh Revenue Receipts 2021-22
Own tax revenue vs non-tax revenue breakdown
Andhra Pradesh Expenditure Breakdown 2021-22
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP â Andhra Pradesh 2021-22
The fiscal deficit for Andhra Pradesh in 2021-22 is 3.4% of GSDP (Rs 37,500 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 23,800 crore consume 11.7% of total expenditure.
Andhra Pradesh State Budget 2021-22 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 2.1 lakh crore | 100% |
| 1. Revenue Receipts | Rs 1.48 lakh crore | 70.4% |
| a. Own Tax Revenue | Rs 79,500 crore | 37.8% |
| b. Non-Tax Revenue | Rs 8,200 crore | 3.9% |
| B. Total Expenditure | Rs 2.03 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 1.78 lakh crore | 88.0% |
| 2. Capital Expenditure | Rs 24,300 crore | 12.0% |
| of which: Interest Payments | Rs 23,800 crore | 11.7% |
| C. Fiscal Deficit | Rs 37,500 crore | 3.4% of GSDP |
Source: Andhra Pradesh State Budget Documents via PRS India. All figures in Indian Rupees.
Andhra Pradesh Budget 2021-22 Analysis & Highlights
Key Highlights
- Post-COVID recovery budget with total expenditure of Rs 2,29,000 crore as economic activity normalizes after devastating 2020-21.
- Navaratnalu welfare spending maintained at Rs 40,000 crore despite fiscal stress, reflecting government's political commitment.
- GST collections rebound 28% as economic activity surges in the post-second-wave recovery period.
- Polavaram project receives Rs 7,500 crore with revised completion target of 2024 and cost estimate touching Rs 55,000 crore.
- Aquaculture exports reach record Rs 52,000 crore, with AP contributing 70% of India's total shrimp production.
- YSR Cheyutha and Asara provide Rs 18,750 to women from SC/ST/BC/Minority communities, allocating Rs 4,000 crore.
- State borrows Rs 48,000 crore from market; total outstanding debt crosses Rs 3.8 lakh crore.
- COVID second wave spending of Rs 5,000 crore covers oxygen plants, ventilators, and vaccination logistics.
- Three-capital proposal faces High Court stay; Amaravati receives Rs 1,000 crore for maintenance of existing infrastructure.
- Revenue deficit at 2.5% of GSDP narrows from pandemic-year high but remains structurally elevated.
- Jagan government completes village secretariat system with 15,000 secretariats; Rs 3,000 crore allocation for staffing.
- Fiscal deficit at 3.8% of GSDP benefits from extended COVID borrowing flexibility granted by Centre.
- Education spending of Rs 18,000 crore includes Jagananna Vidya Kanuka providing school kits worth Rs 1,500 crore.
Compare Andhra Pradesh Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 1.79 lakh crore | Rs 2.03 lakh crore |
| Revenue Receipts | â | â | â | Rs 1.25 lakh crore | Rs 1.48 lakh crore |
| Capital Expenditure | â | â | â | Rs 18,600 crore | Rs 24,300 crore |
| Fiscal Deficit (% GSDP) | â | â | â | 4.2% | 3.4% |
| Own Tax Revenue | â | â | â | Rs 62,800 crore | Rs 79,500 crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Andhra Pradesh State Budget 2021-22
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