Andhra Pradesh State Budget 2022-23 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Andhra Pradesh FY 2022-23

Andhra Pradesh State Budget 2022-23 Budget at a Glance

Total Receipts

Rs 1.64 lakh crore

+10.3%

Total Expenditure

Rs 2.27 lakh crore

+11.7%

Fiscal Deficit

3.5%

Rs 46,200 crore

Capital Expenditure

Rs 27,800 crore

+14.4%

Tax Revenue

Rs 88,600 crore

+11.4%

Interest Payments

Rs 28,000 crore

12% of expenditure

Andhra Pradesh Revenue Receipts 2022-23

Own tax revenue vs non-tax revenue breakdown

Tax Revenue

Rs 88,600 crore (90.7%)

Non-Tax Revenue

Rs 9,100 crore (9.3%)

Andhra Pradesh Expenditure Breakdown 2022-23

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 87.7%

Capital Expenditure 12.3%

Fiscal Deficit as % of GSDP — Andhra Pradesh 2022-23

The fiscal deficit for Andhra Pradesh in 2022-23 is 3.5% of GSDP (Rs 46,200 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 28,000 crore consume 12.4% of total expenditure.

Andhra Pradesh State Budget 2022-23 — Receipts & Expenditure Summary

Particulars	Amount	% of Total
A. Total Receipts	Rs 2.37 lakh crore	100%
1. Revenue Receipts	Rs 1.64 lakh crore	69.0%
a. Own Tax Revenue	Rs 88,600 crore	37.4%
b. Non-Tax Revenue	Rs 9,100 crore	3.8%
B. Total Expenditure	Rs 2.27 lakh crore	100%
1. Revenue Expenditure	Rs 1.99 lakh crore	87.7%
2. Capital Expenditure	Rs 27,800 crore	12.3%
of which: Interest Payments	Rs 28,000 crore	12.4%
C. Fiscal Deficit	Rs 46,200 crore	3.5% of GSDP

Source: Andhra Pradesh State Budget Documents via PRS India. All figures in Indian Rupees.

Andhra Pradesh Budget 2022-23 Analysis & Highlights

Key Highlights

Total expenditure at Rs 2,56,000 crore rises 12% with continued dominance of welfare transfer spending.
GST compensation cessation creates Rs 5,000 crore revenue gap as the five-year guarantee period expires.
Polavaram project cost revised upward to Rs 72,000 crore following Technical Advisory Committee reassessment.
Navaratnalu welfare spending expands to Rs 48,000 crore covering pensions, farm support, education, and housing.
Aquaculture exports sustain at Rs 55,000 crore despite global inflation and supply chain disruptions.
Kia Motors Anantapur plant expansion generates Rs 3,000 crore in additional investment and employment.
State pension beneficiaries cross 62 lakh with monthly pension raised to Rs 2,500 for elderly.
Amaravati land pooling farmers win partial High Court relief; government allocates Rs 1,500 crore for limited development.
Revenue deficit at 2.2% of GSDP shows marginal improvement but remains structurally unsustainable.
YSR Jagananna housing completes 20 lakh houses with Rs 9,000 crore allocation for remaining 10 lakh target.
Market borrowings of Rs 52,000 crore push outstanding debt past Rs 4.4 lakh crore.
IT sector in Visakhapatnam reaches Rs 8,000 crore revenue milestone as companies shift from Hyderabad.
Education budget of Rs 22,000 crore includes mid-day meals upgrade under Jagananna Gorumudda program.

Compare Andhra Pradesh Budget — Recent Years

Year-over-year comparison of key fiscal metrics

Metric	2018-19	2019-20	2020-21	2021-22	2022-23
Total Expenditure	—	—	—	Rs 2.03 lakh crore	Rs 2.27 lakh crore
Revenue Receipts	—	—	—	Rs 1.48 lakh crore	Rs 1.64 lakh crore
Capital Expenditure	—	—	—	Rs 24,300 crore	Rs 27,800 crore
Fiscal Deficit (% GSDP)	—	—	—	3.4%	3.5%
Own Tax Revenue	—	—	—	Rs 79,500 crore	Rs 88,600 crore

Columns showing "—" will populate as more data is ingested. Data from official budget documents via PRS India.

2021-22 2023-24

Understanding Andhra Pradesh State Budget 2022-23

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

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