Amaravati: The Andhra Pradesh government has decided to present its state budget in the upcoming month, with the session likely to take place earlier than usual. Traditionally, the state budget is presented in March every year. However, this time, the ruling coalition has opted to move forward with a plan to finalize the budget a month in advance.
Sources suggest that the budget will be tabled in the state assembly during the third or fourth week of February. The objective is to ensure that financial activities for the new fiscal year, beginning in April, are conducted smoothly and in full swing right from the outset.
This early presentation of the budget aims to streamline the financial planning process and allow the state government to implement its fiscal policies without delays. It is expected to address key development goals, including infrastructure, welfare, and economic growth for the year ahead.
The decision is likely to help improve the financial planning of the state, ensuring that projects and schemes are well-funded and that state governance operates efficiently from the start of the financial year. Further details are awaited as the government finalizes the specifics of the proposed budget.
Stay tuned for more updates on this developing story.
