Andhra Pradesh Budget 2017 – Unemployment Allowance May Set for Youth

Andhra Pradesh government is going to announce Andhra Pradesh Budget 2017-18 soon. Under AP Budget 2017-18 TDP government may set unemployment allowance for the youth of the state. Finance minister Yanamala Ramakrishnudu said that the government is studying the implementation of unemployment allowance scheme in some states and nations.

In the Andhra Pradesh Budget 2017-18 session Yanamala Ramakrishnudu said that Andhra Pradesh government initiated some steps for benefiting the youth, it is not up to the mark and now we have decided to give top priority to youth.

While speculation is rife that 2017-18 budget outlay will touch 1.5 lakh crore, finance minister Yanamala Ramakrishnudu stated that it will be higher than last year’s 1.35 lakh crore. Ramakrishnudu, who will be present his ninth Andhra Pradesh Budget 2017.

AP Finance Minister Yanamala Ramakrishnudu to present his Andhra Budget 2017-18, people expect it will bring in tides of emotion, hope, and economic shifts. Payment of unemployment allowance to set up of the Most Backward Classes Corporation are some of the decisions that will find a mention in the budget.

Stating that the Finance department gave nod for the recruitment of about 30,000 posts in government sector in the last three years, he said as it is a herculean task to provide government jobs to all, they are also asking industries to create more jobs.

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