YSRC Says Union Budget Shortchanges Andhra Pradesh

Vijayawada: Opposition YSRC on Sunday alleged that the Union Budget 2026-27 has failed to provide adequate allocations to Andhra Pradesh, especially for infrastructure and rural development.

Addressing the media here, YSRC parliamentary party leader YV Subba Reddy said that the fund allocated for the Polavaram irrigation project has been reduced and the height of the project has been limited to 41.15 meters, which has created serious difficulties for the state.

He claimed that despite increasing demands for funding to ensure timely completion, only Rs 3,320 crore was sanctioned for Polavaram in FY27 and accused the state government of not applying pressure on the Centre.

Reddy said the most important feature of the budget is fiscal consolidation. Welcoming the reduction of the fiscal deficit from 4.5 percent to 4.3 percent, the official described it as a positive step for the overall development of the country. The total budget expenditure for 2026-27 stood at Rs.12.21 lakh crore, an increase of Rs.1 lakh crore compared to last year.

Former finance minister Rajendranath Reddy said the Budget was disappointing and important commitments made to AP were ignored. He also said that AP’s high-speed rail corridors are not allowed even though such connections have been approved for cities like Hyderabad, Bengaluru and Chennai.

He expressed concern over reduced rural development allocations and said the party would raise the issue in Parliament.