Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Tuesday said that the state is rapidly progressing towards industrialisation with major corporates looking towards it.
In the last three years, 98 mega industries were established with an investment of Rs 39,350 crore, generating employment to around 60,541 people.
Under MSMEs, 31,671 companies have emerged, creating jobs for over 1,98,521 people with an investment of Rs 8,285 crore.
"In the next 2 years, we are aiming to e...
Andhra to get Rs 1.54 lakh cr investment in 2 years
Andhra Pradesh Finance Minister Buggana Rajendernath on Friday presented the budget for the year 2022-23, with an outlay of Rs 2,56,257 crore, an increase of 11.50 per cent over the previous year.
The revenue expenditure has been pegged at Rs 2,08,261 crore, while the capital expenditure is estimated at Rs 47,996 crore.
The estimated revenue deficit is around Rs 17,036 crore up from Rs 5,000 crore the previous year, while the fiscal deficit is estimated at around Rs 48,724 crore, up fro...
Andhra Pradesh presents Rs 2.56 lakh crore budget
Ahead of the budget session of the assembly that begins on Thursday, Chief Minister Y.S. Jagan Mohan Reddy released the Socio-economic Survey (SES) at his camp office on Wednesday.
As per the advance estimates for the year 2020-21, the GSDP growth of Andhra Pradesh, at current prices is 1.58 per cent against the nation's growth of 3.8 per cent.
The survey also states that the per capita income of Andhra Pradesh, at current prices, increased by Rs 1735, to Rs.1,70,215 in 2020-21, fro...
Andhra Socio-economic Survey pegs per capita income growth at Rs 1,735
