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Andhra Pradesh Budget-2012-13: Salient Features
Updated : Feb 17, 2012
Presenting his second budget, Ramnarayan Reddy said the fiscal deficit was estimated to be Rs.20,008 crore while the revenue surplus would be Rs.4,444 crore. The minister announced that the government would continue welfare schemes like "Arogyasri", free electricity to farmers and Rs.1 a-kg rice to people below the poverty line. The budget has provided Rs.1,075 crore for interest-free loans to farmers and women's self-help groups. Under the Rajiv Vidya Mission, 15 lakh jobs will be created by 2014. "The government has increased the allocations for agriculture, irrigation, rural development, health and other sectors," told the finance minister.