The Union Budget 2024-25 includes significant allocations aimed at the comprehensive development of Andhra Pradesh, focusing on infrastructure, industrial development, and social welfare. Here are the top 10 budget allocations for the state, which are expected to drive substantial growth and improve the quality of life for its residents.
1. Polavaram Irrigation Project
- Allocation: ₹10,000 crore
- Purpose: To expedite the completion of the Polavaram Irrigation Project, which is crucial for the state’s agriculture and water management. This project will ensure adequate water supply for irrigation, benefiting farmers and boosting agricultural productivity.
2. Visakhapatnam-Chennai Industrial Corridor
- Allocation: ₹5,000 crore
- Purpose: Development of the Kopparthy node, enhancing industrial infrastructure and creating economic opportunities. This corridor aims to attract investments, foster industrial growth, and generate employment in the region.
3. Capital Development Support
- Allocation: ₹15,000 crore
- Purpose: Special financial support for the development of Andhra Pradesh’s capital city, in line with the Andhra Pradesh Reorganization Act. This allocation will aid in the establishment of modern infrastructure and amenities, ensuring balanced urban development.
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4. Grants for Backward Regions
- Allocation: ₹4,000 crore
- Purpose: Development grants for the backward regions of Rayalaseema, Prakasam, and North Coastal Andhra to enhance socio-economic conditions. These funds will be utilized for infrastructure development, education, healthcare, and other essential services.
5. Rural and Urban Housing
- Allocation: ₹12,000 crore
- Purpose: Under the PM Awas Yojana, additional houses will be constructed in rural and urban areas to address housing shortages. This will provide affordable housing solutions and improve living conditions for the economically weaker sections.
6. Road Connectivity Projects
- Allocation: ₹6,000 crore
- Purpose: Improvement of road infrastructure, including the construction of new highways and expressways to enhance connectivity. Better road networks will facilitate smoother transportation, reduce travel time, and support economic activities.
7. Medical and Educational Institutions
- Allocation: ₹2,500 crore
- Purpose: Establishment of new medical colleges and educational institutions to improve healthcare and education infrastructure. This investment aims to provide quality education and healthcare services to the residents of Andhra Pradesh.
8. Drinking Water and Sanitation
- Allocation: ₹2,000 crore
- Purpose: Ensuring access to clean drinking water and sanitation facilities in rural areas under the Jal Jeevan Mission. This project will improve public health and hygiene, contributing to the overall well-being of rural communities.
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9. Renewable Energy Projects
- Allocation: ₹3,500 crore
- Purpose: Promotion of renewable energy projects to meet the state’s energy needs sustainably and reduce dependence on fossil fuels. Investments in solar, wind, and other renewable energy sources will support environmental sustainability and energy security.
Budget Allocations for Andhra Pradesh: Summary Table
| Sector | Project | Allocation (₹ Crore) |
|---|---|---|
| Irrigation | Polavaram Irrigation Project | 10,000 |
| Industrial Development | Visakhapatnam-Chennai Industrial Corridor | 5,000 |
| Capital Development | Capital Development Support | 15,000 |
| Regional Development | Grants for Backward Regions | 4,000 |
| Housing | Rural and Urban Housing | 12,000 |
| Road Infrastructure | Road Connectivity Projects | 6,000 |
| Education and Healthcare | Medical and Educational Institutions | 2,500 |
| Water and Sanitation | Drinking Water and Sanitation | 2,000 |
| Renewable Energy | Renewable Energy Projects | 3,500 |
These allocations reflect the central government’s commitment to the holistic development of Andhra Pradesh, addressing critical areas such as infrastructure, industrial growth, housing, education, and healthcare. By focusing on these key sectors, the Union Budget 2024-25 aims to propel Andhra Pradesh towards sustained economic growth and improved quality of life for its citizens.
Frequently Asked Question:
Allocation: ₹10,000 crore
Purpose: To expedite completion, ensuring adequate irrigation water for farmers and boosting agricultural productivity.
Allocation: ₹5,000 crore
Purpose: To develop the Kopparthy node, enhancing industrial infrastructure and creating economic opportunities.
Allocation: ₹15,000 crore
Purpose: To develop Andhra Pradesh’s capital city, focusing on modern infrastructure and amenities
Allocation: ₹4,000 crore
Purpose: For development in Rayalaseema, Prakasam, and North Coastal Andhra, improving socio-economic conditions
Allocation: ₹2,500 crore
Purpose: For establishing new medical colleges and educational institutions.
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