Andhra Assembly Session From March 5

Published: 23rd February 2016 06:54 AM  |   Last Updated: 23rd February 2016 06:54 AM   |  A+A-

VIJAYAWADA:  The budget session of Andhra Pradesh Legislative Assembly will commence on March 5 and the budget would be presented on March 10, finance minister Yanamala Ramakrishnudu said.

Addressing the sixth edition of the Collectors’ Conference in Vijayawada on Monday, he said they had fixed the growth rate target of 15 percent for the next financial year (2016-17).

Expressing satisfaction over the performance of the state in the current fiscal, finance minister said expenditure was more than planned budget in the current fiscal, which is a positive trend for economic growth. “Previously, it was more allocations and less expenditure. Some departments have spent more than they were allocated and some have not spent the funds they were allotted,” he pointed out.

Deputy chief minister KE Krishnamurthy, who also holds revenue portfolio, said the progress and development was only possible when everyone cooperates and contributes.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp