Andhra Pradesh Chambers Praises Growth Budget, Cites State's Missed Priorities
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News18•01-02-2026, 20:45
Andhra Pradesh Chambers Praises Growth Budget, Cites State's Missed Priorities
- •Andhra Pradesh Chambers welcomed the Union Budget 2026 for its growth-oriented measures and reform focus.
- •AP Chambers President Potluri Bhaskara Rao noted the budget's progressive outlook amid global economic volatility.
- •Key initiatives welcomed include the Rs 10,000-crore SME Growth Fund and Rs 4,000-crore for the Self-Reliant India Fund, aimed at MSME liquidity.
- •Rao highlighted benefits from reviving 200 legacy industrial clusters, India Semiconductor Mission 2.0, and increased capital expenditure.
- •Concerns were raised over inadequate funding for the Polavaram Irrigation Project and Amaravati's development, seen as missed opportunities for the state.
Why It Matters: AP Chambers lauded the Union Budget's growth focus but expressed concern over limited attention to Andhra Pradesh's key projects.
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