The State budget for 2022-2023 was aimed at inclusive growth and development of all sections of society, and to strike a balance between welfare and development, Minister of Finance Buggana Rajendranath Reddy has said.
The Minister was giving a detailed statement at the end of the two-day discussion on the general budget, drawing a comparison between the allocations made during the TDP term and the YSRCP government. The total outlay of the budget was pegged at ₹2.56 lakh crore.
Our government had ensured that ₹1.75 lakh crore was directly credited into the accounts of the beneficiaries through the numerous DBT and Non-DBT schemes between June 2019 and February 2022, out of which ₹29,720 crore was given to the education sector alone, he said.