Andhrapradesh Budget 2021-22 At-a-Glance

 Andhrapradesh Budget 2021-22 At-a-Glance

          RECEIPTS                            Rs. (In Crores)

1.   Revenue Receipts                1,77,196.48

2.   Public Debt                                50,525.42

3.   Public Account                            2,007.21

4.   Recovery of loans                            50.16      

                   Total :                             2,29,779.27

          EXPENDITURE           Cr. Rs.      

1.   Revenue expenditures                     1,82,196.53

2.   Capital expenditures                  31,198.38

3.   Public Debt Repayment            15,502.85

4.   Loans & Advances                          881.51     

                   Total :                             2,29,779.27

RECEIPTS                                               

a.   Revenue Receipts                                               

Revenue receipts can be defined as those receipts which neither create any liability nor cause any reduction in the assets of the government. They are regular and recurring in nature and the government receives them in the normal course of activities.  Revenue receipts are further classified Into Tax Revenue and Nontax Revenue

 

b.   Public Debt                                        

Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget.

 

c.   Public Account                                           

Article 266 of the Constitution defines the Public Account as being those funds that are received on behalf of the Government of India. Public Account funds do not belong to the government and have to be finally paid back to the persons and authorities that deposited them.

 

d.   Recovery of loans                                                

Funds raised from disinvestment reduce government assets (ii) Recovery of loan is also capital receipt as It reduces government assets.

 

          EXPENDITURE                                                

e.   Revenue expenditures                                              

Revenue expenditures are the ongoing operating expenses, which are short-term expenses used to run the daily business operations.

 

f.     Capital expenditures                                               

Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period.

 

g.   Public Debt Repayment                                 

Refunding of debt implies the issue of new bonds and securities by the government in order to repay the matured loans. ... Under this method the money burden of public debt is not relinquished but it is accumulated owing to the postponement of debt redemption.

 

h.   Loans & Advances                                         

Loans refer to a debt provided by a financial institution for a particular period while Advances are the funds provided by the banks to the business to fulfill working capital requirement which are to be payable within one year.

Total revenue receipts for 2021-22 are estimated to be Rs 1,77,196 crore, an annual increase of 26% over 2019-20. Of this, Rs 92,315 crore (52%) will be raised by the state through its own resources, and Rs 84,881 crore (48%) will come from the centre.

Andhra Pradesh Budget Analysis 2021-22

https://prsindia.org/files/budget/budget_state/andhra-pradesh/2021/Andhra_Pradesh_Budget_Analysis_2021-22.pdf

Government Receipts & Expenditure 2021-22

Table 4: Break up of state government receipts (in Rs crore)

S.No.	Items	2021-22 BE	%-tage
1	State's Own Tax	85,265
2	State's Own Non-Tax	7,050
3	Share in Central Taxes	26,951
4	Grants-in-aid from Centre	57,931
	Total Revenue Receipts	1,77,196
5	Borrowings	50,525
6	Other Receipts	50
	Total Receipts	2,27,772

 

Table 5: Some of the major state’s own tax revenue sources (in Rs crore)

S.No.	Items	2021-22 BE	%-tage
1	State GST	31,000
2	Sales Tax/ VAT	24,500
3	State Excise	15,000
4	Stamps Duty and Registration Fees	8,000
5	Taxes on Vehicles	5000
6	Taxes and Duties on Electricity	1008
7	Land Revenue	172
	Total Receipts	84,680

 

 

Table 12: Allocation towards Key Sector  (in Rs crore)

S. No.	Items	2021-22 BE	%-tage
1	Welfare of SC, ST, OBC, and Minorities	27,870
2	Education, Sports, Arts, and Culture	27,212
3	Rural Development	14,943
4	Health and Family Welfare	14,088
5	Agriculture and allied activities	13,299
6	Irrigation and Flood Control	12,691
7	Social Welfare and Nutrition	11,384
8	Urban Development	8,330
9	Transport	7,458
10	Police	6,398
	Total Allocation

 

Towards Employees Salaries & Allowances

1.   2021-22 PRC Rs. 70,424 Cr.