Government to invest ₹40,000 crore to develop Rayalaseema into horticulture hub, says Minister

Finance Minister Payyavula Keshav said that the State authorities would beryllium investing ₹40,000 crore to make Rayalaseema territory into a horticulture hub, which is expected to bring successful further improvement to the region.

Mr. Keshav, on with Minorities Welfare Minister N. Md. Farooq and District Collector Rajakumari Ganiya participated successful the Budget 2026-27 outreach programme held successful the District Collectorate connected Saturday. Mr. Keshav said that Andhra Pradesh faced fiscal challenges pursuing the bifurcation of the State, but is present improving with fiscal subject and summation successful gross resources. He said the State authorities is focussing connected expanding its revenues done Commercial Taxes, Excise and Registration departments.

“With the improvement of work assemblage and attracting backstage investments creating multiplying effect, we are targeting summation successful economical maturation from 11 per cent to 15 per cent,” helium said. Mr. Keshav urged the officials to payment the radical by implementing Budget reforms astatine the territory level.

Mr Keshav said that the fiscal presumption of the State is precise precarious and 99 per cent of the State revenues are being spent connected salaries and pensions. While 88 per cent of the gross was walk connected salaries and pensions till February 2026, the aforesaid has present gone up to 99 per cent, helium said. Mr. Keshav said they person prioritised the outgo of pensions to retired employees and the State authorities is considering outgo of salaries lone aft gathering the pension commitments.

Meanwhile, Mr. Farooq said that the budgetary allocations this twelvemonth person been promising erstwhile compared to the erstwhile years and a speciality has been the allocation of funds constituency-wise. He expressed assurance that the fund would beryllium a turning constituent successful the improvement of superior Amaravati. The Minister said that Chief Minister N. Chandrababu Naidu is focussing connected improvement of the State and simultaneously taking steps for the payment of women, farmers and communal radical done the ‘Super Six’ schemes.

He said the authorities is implementing transparent policies and emphasised the request for the people’s representatives and officials to make consciousness astir the fund to the nationalist astatine the territory and mandal level.