INSUBCONTINENT EXCLUSIVE:
For the financial year 2021-22, the state government presented a budget for Rs 2.29 lakh crore.Amaravati: The Andhra Pradesh government will
begin the preparatory exercise for Budget 2022-23 from Monday.The Finance Department has scheduled a series of meetings from January 17 to
24 with all departments to discuss the allocations in the ensuing Budget.The central and the state government flagship programmes, priority
schemes, externally aided projects, 15th Finance Commission grants and Child and Gender Budget will form part of the discussions, according
to Special Chief Secretary (Finance) Shamsher Singh Rawat.The schemes currently being implemented would also be reviewed with regard to
physical and financial targets achieved, he said in DO letter to the heads of departments.Many departments have already raised an issue over
non-release of funds though allocations were made in the 2021-22 Budget.Barring education, health and agriculture departments, almost every
department of the government has been deprived of funds, throwing their schemes into jeopardy, senior bureaucrats lament.The expenditure on
capital (development) works has become a major concern with paltry releases of only about 29 per cent so far this year, against the targeted
Rs 30,571.53 crore.Water Resources, which the government treats as a priority sector, received less than Rs 2,000 crore out of the allocated
a top bureaucrat told PTI.For the financial year 2021-22, the state government presented a budget for Rs 2.29 lakh crore but its revenue
accruals in the first eight months have been only 50 per cent of the targeted Rs 1.77 lakh crore, according to official data.The revenue
expenditure, including for the numerous freebie schemes, though crossed 70.70 per cent of the targeted Rs 1.82 lakh crore by the end of
November 2021.The total state expenditure till November was Rs 1.38 lakh crore against the budgeted Rs 2.13 lakh crore, three per cent less
than the corresponding period last year.(This story has not been edited by TheIndianSubcontinent staff and is auto-generated from a
