The first budget of new Andhra Pradesh will be presented on 20th of August by Finance Minister Yanamala Ramakrishnudu. AP CM Chandrababu Naidu hosted cabinet meeting this morning at Lake View Guest house and decision was taken on the Monsoon/Budget Assembly sessions.

The Sessions will begin on August 18th and budget will be introduced on 20th.  The budget of Andhra Pradesh has to be watched out for as post bifurcation it has been with a deficit of Rs 15,000 crores. Also the government has come forward to waive the farm loans and it will be interesting to see the allocations of funds to different schemes that were promised before elections.

(AW: Vamshi)