Andhra Pradesh Chief Minister Chandrababu Naidu, who is on a visit to the national capital, interacted with the Union finance minister Nirmala Sitharaman, where they possibly discussed various aspects of the southern state's developments.
Deputy Chief Minister and State Finance Minister Jagdish Devda presented the state budget of Rs 3.65 lakh crore in the state assembly. It was the first budget of the current Bharatiya Janata Party (BJP)-led state government for the FY 2024-25.
State Finance Minister Devda said that the budget for the culture department for the current fiscal year was two and a half times more than that of the budget estimate of the last FY 2023-24.
State Finance Minister Devda said that the budget for the health sector for the current fiscal year was 34 per cent more than that of the budget estimate of the last FY 2023-24.
State Finance Minister Devda said that the budget for Women and Child Development for the current fiscal year was 81 per cent more than that of the budget estimate of the last FY 2023-24.
The State Finance Minister will present the first budget of the current Bharatiya Janata Party (BJP)-led state government for the financial year 2024-25. Ahead of presenting the state budget, Finance Minister Devda offered prayers at his residence.
This decision was ratified on Sunday during a special session of the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, as part of measures to fulfill obligations under a three-year IMF loan program.
Pakistan Finance Minister Muhammad Aurangzeb expressed confidence that the country would secure an extended loan programme with the International Monetary Fund (IMF), adding that it could contribute to macroeconomic stability, reported Dawn.
As Rajasthan prepares for the upcoming by-election in November, Deputy Chief Minister and Finance Minister Diya Kumari has vowed that the state government will function as a "double-engine government," drawing a parallel with the success of similar arrangements in other states.
After the Maharashtra government presented the state budget, Deputy Chief Minister Devendra Fadnavis praised Chief Minister Eknath Shinde and Finance Minister Ajit Pawar and said that the budget has brought happiness for all the sections of the society.