Andhra Pradesh State Budget 2024-25 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Andhra Pradesh FY 2024-25
Andhra Pradesh State Budget 2024-25 Budget at a Glance
Total Receipts
Rs 2.01 lakh crore
+15.8%
Total Expenditure
Rs 2.7 lakh crore
+14.1%
Fiscal Deficit
4.2%
Rs 68,743 crore
Capital Expenditure
Rs 32,713 crore
+40.2%
Tax Revenue
Rs 1.1 lakh crore
+27.8%
Interest Payments
Rs 28,796 crore
11% of expenditure
Andhra Pradesh Revenue Receipts 2024-25
Own tax revenue vs non-tax revenue breakdown
Andhra Pradesh Expenditure Breakdown 2024-25
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP â Andhra Pradesh 2024-25
The fiscal deficit for Andhra Pradesh in 2024-25 is 4.2% of GSDP (Rs 68,743 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's deficit is above this threshold, driven by higher capital spending needs.
Interest payments at Rs 28,796 crore consume 10.7% of total expenditure.
Andhra Pradesh State Budget 2024-25 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 2.93 lakh crore | 100% |
| 1. Revenue Receipts | Rs 2.01 lakh crore | 68.7% |
| a. Own Tax Revenue | Rs 1.1 lakh crore | 37.5% |
| b. Non-Tax Revenue | Rs 10,576 crore | 3.6% |
| B. Total Expenditure | Rs 2.7 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 2.36 lakh crore | 87.4% |
| 2. Capital Expenditure | Rs 32,713 crore | 12.1% |
| of which: Interest Payments | Rs 28,796 crore | 10.7% |
| C. Fiscal Deficit | Rs 68,743 crore | 4.2% of GSDP |
Source: Andhra Pradesh State Budget Documents via PRS India. All figures in Indian Rupees.
Andhra Pradesh Department-wise Expenditure 2024-25
Top departments by allocation in Andhra Pradesh for 2024-25
| Department â | Revenue â | Capital â | Total â | Share |
|---|---|---|---|---|
1. Education | Rs 27,000 crore | Rs 2,800 crore | Rs 29,800 crore | 11.0% |
2. Rural Development | Rs 16,000 crore | Rs 4,000 crore | Rs 20,000 crore | 7.4% |
3. Social Welfare | Rs 17,500 crore | Rs 1,600 crore | Rs 19,100 crore | 7.1% |
4. Health & Family Welfare | Rs 14,500 crore | Rs 2,400 crore | Rs 16,900 crore | 6.3% |
5. Energy | Rs 13,000 crore | Rs 3,200 crore | Rs 16,200 crore | 6.0% |
6. Agriculture & Allied | Rs 12,500 crore | Rs 2,600 crore | Rs 15,100 crore | 5.6% |
7. Transport & Roads | Rs 5,200 crore | Rs 7,200 crore | Rs 12,400 crore | 4.6% |
8. Police & Home | Rs 10,500 crore | Rs 1,600 crore | Rs 12,100 crore | 4.5% |
9. Urban Development | Rs 7,000 crore | Rs 3,600 crore | Rs 10,600 crore | 3.9% |
10. Water Supply & Sanitation | Rs 4,800 crore | Rs 4,800 crore | Rs 9,600 crore | 3.6% |
Andhra Pradesh Budget 2024-25 Analysis & Highlights
Key Highlights
- Total expenditure budgeted at Rs 2,69,928 crore under the new NDA government formed after June 2024 elections.
- Fiscal deficit at Rs 68,743 crore, representing 4.2% of GSDP.
- Revenue deficit of Rs 34,743 crore indicates continued current account stress.
- Capital expenditure at Rs 32,713 crore focuses on irrigation and road connectivity.
- Interest payments at Rs 28,796 crore consume 14.3% of revenue receipts.
- Outstanding debt at Rs 4,30,000 crore with debt-to-GSDP ratio of 26.2%.
- Education allocation crosses Rs 30,000 crore with expansion of Amma Vodi scheme.
- Market borrowings of Rs 91,443 crore to fund the fiscal gap.
- Agriculture spending emphasises natural farming and input subsidy rationalisation.
- Polavaram project allocation of Rs 6,500 crore amid revised cost estimates.
- Social welfare pensions covering 62 lakh beneficiaries at Rs 18,000 crore.
- Tax revenue target of Rs 1,09,789 crore relies on improved GST compliance and stamp duty reform.
Compare Andhra Pradesh Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 2.37 lakh crore | Rs 2.7 lakh crore |
| Revenue Receipts | â | â | â | Rs 1.74 lakh crore | Rs 2.01 lakh crore |
| Capital Expenditure | â | â | â | Rs 23,330 crore | Rs 32,713 crore |
| Fiscal Deficit (% GSDP) | â | â | â | 4.3% | 4.2% |
| Own Tax Revenue | â | â | â | Rs 85,922 crore | Rs 1.1 lakh crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Andhra Pradesh State Budget 2024-25
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