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Naidu for balanced budget

Naidu for balanced budget
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Highlights

Chief Minister N Chandrababu Naidu has asked the officials to give a thrust to welfare schemes and development to enable the State government to deliver on all its promises made in election manifesto. Naidu was addressing a conference attended by Secretaries, heads of departments, Collectors and Superintendents of Police here on Wednesday.

Says that financial planning should be reoriented to enable govt to fulfil its election promises and needs of the people

Vijayawada: Chief Minister N Chandrababu Naidu has asked the officials to give a thrust to welfare schemes and development to enable the State government to deliver on all its promises made in election manifesto. Naidu was addressing a conference attended by Secretaries, heads of departments, Collectors and Superintendents of Police here on Wednesday.

He stressed the need to reorient the next budget, if need be, to tailor it to meet immediate needs of people. But it was also necessary to strike a balance in expenditure keeping focus on long-term development, he said. The State achieved 6.94 per cent growth in the first two quarters of the current financial year, he said.

CM Naidu addressing a meeting in Vijayawada on Wednesday

On the convergence of the departments, the Chief Minister said departments can no more work in isolation. Every department should ensure that its efforts were synchronised with other departments to ensure that the government succeeded in attaining its goal. The goal was to make the State as one of the top three performing states in the country by 2022.

The government had a vision to make the State a favourite destination across the globe by 2050. The government designed seven missions, five grids and five campaign modes to achieve the goal. Programmes like Smart Village-Smart Ward were a step in this direction. Every official, including Chief Secretary, was expected to adopt a village to make smart villages and smart wards a success.

Tax-free budget: Yanamala

Finance Minister Yanamala Ramakrishnudu here on Wednesday said the government was planning to introduce tax-free budget for 2015-16. The Minister inaugurated the first-ever State level pre-budget conference attended by IAS and IPS officers.

Addressing the conference, Ramakrishnudu said the government was facing revenue deficit. However, he said the government was planning to introduce tax-free budget this time, despite the revenue deficit. He asked the officials to be transparent in their budget proposals. He also cautioned them against indulging in irregularities and warned them that the audit would expose all irregularities, if any. The Finance Minister said the State has audit objections for over Rs 10,000 crore expenses.

The government would not allow repeat of such happenings. He also regretted that the TTD, too, received audit objections for over 134 crore expenses. He wanted the Collectors and the Heads of Departments to prepare the budget proposals keeping in view the continuation of the welfare programmes and the vision of the Chief Minister N Chandrababu Naidu to develop the State as global destination.

He also wanted the officials to ensure that the priority was also given to the promises made by the TDP during elections. The schemes like loan waiver, monetary increase in pensions and extended health facilities to the people would have to be protected, he said.

Ramakrishnudu said the government would also constitute a financial advisory council for the State to extend expert advice to the government on financial growth. Deputy Chief Minister K E Krishna Murthy congratulated the Revenue Department for its initiatives in land pooling for the capital city. He also congratulated the Revenue staff for their active participation in extending relief to the Hudhud cyclone victims in north coastal districts.

Ministers B Gopalakrishna Reddy, P Pulla Rao, K Srinivasa Rao, P Manikyala Rao, D Umamaheswara Rao, R Kishore Babu and others were present.

Govt planning zero-based budgeting : Officials

The TDP government in Andhra Pradesh has decided to adopt 'zero-based budgeting' approach to plan State's annual budget for 2015-16 financial year. This according to official sources will help the government make allocations in the next budget for the ongoing schemes based on their success rate. It will also help the government to make necessary changes in allocations to various projects and schemes.

The zero-based budget makes it mandatory to approve every item in the budget based on its track record. That means that the budget request will have to be re-evaluated thoroughly, starting from the zero-base. Finance Minister Yanamala Ramakrishnudu, while addressing collectors' conference in Vijayawada on Wednesday, said the State government was planning to introduce zero-based budget for the next financial year.

He further said the focus of the government while preparing the next budget would be to manage finances efficiently in the cash-starved State. "Keeping a vigil on financial constraints, we need to ensure that allocations for welfare schemes are not brought down," he said. As the government's coffers are falling empty, there is a need to set up mechanisms to generate revenues the government wants to improve capital expenditure and bring down the revenue expenditure in order to reduce the burden on the exchequer.

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