On the 26th of March, the Andhra Pradesh Cabinet approved a vote on account budget for the next three months.
This is the second time that the Andhra Pradesh Government issued an ordinance for vote on account budget. In 2020, due to the outbreak of the Novel Coronavirus or COVID-19 pandemic, the State Government opted for the vote on account budget.
This vote on account budget at an estimated outlay of Rs. 90,000 crores would be from April to June. However, the ordinance passed by the Yuvajana Sramika Rythu Congress Party (YSRCP) is yet to get approval from the Governor of Andhra Pradesh Biswabhushan Harichandan. The issued vote on account budget with an estimated worth of Rs. 90,000 crores would be used for disbursement of salaries and for implementation of Navaratnalu schemes in A.P.
Y.S. Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh (A.P.,) announced the same during a cabinet meeting held today, the 26th of March.
The decision to approve this ordinance was taken in the wake of yet to be held budget session. Due to the Grama panchayat and Municipal elections, the Andhra Pradesh Government was unable to conduct the Assembly Budget session 2021-2022.
Meanwhile, the YSRCP Government is expected to present the full budget in April end or May first week.
However, an official announcement regarding the next budget session schedule is yet to be announced.
Stay tuned for further updates.