Aiming to give a boost to the farm sector, the Andhra Pradesh government today presented a special Agriculture Budget for 2015-16 with an outlay of Rs 14,184.03 crore.
"Our top priority is to make agriculture and allied sectors profitable and sustainable. Our rural economy will regain its lost glory only when these sectors flourish and our farmers are prosperous," state Agriculture Minister P Pulla Rao said in his budget speech.
The agriculture budget, with an outlay for agriculture and allied sectors, has an allocation of Rs 4,513.45 crore under plan and Rs 9,670.58 crore under non-plan.
State Finance Minister Y Ramakrishnudu presented the general budget in the Legislative Assembly yesterday proposing an expenditure of Rs 1,13,049 crores.
Citing a survey of NSSO that 92.90 per cent of the farmers in AP are debt-ridden, the highest in the country, the budget recalled the debt redemption promise made by Naidu during his state-wide 'padayatra' in 2013.
Asserting that the government is committed to provide seven hours of free power to agricultural sector, the minister proposed a budgetary allocation of Rs 3,000 crores for power subsidy to the farmers.
In the Budget, the government proposed allocations to different departments and universities, including sericulture (Rs 93.61 crore), cooperation department (Rs 7.88 crores), fisheries (Rs 187.18 crores), Acharya NG Ranga Agricultural University (Rs 367.73 crore), YSR Horticultural University (Rs 53.01 crores), Sri Venkateswara Veterinary University (Rs 124.48 crore) and livestock sector (Rs 672.73 crore).
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