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Telangana Overtakes Andhra Pradesh

Anta Assamey

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Anta Assamey

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Post the erstwhile Andhra Pradesh bifurcation, the two Telugu states have become individual economic entities. However, Andhra Pradesh had the upper hand in terms of revenue considering its vast resources but for the first time post bifurcation, Telangana has surpassed AP in generating revenues. These are reportedly the figures from the state’s finance department.

Revenue from GST, Sales Tax and Registrations are the primary source of our AP’s economy and they have decreased drastically in the last financial year as compared to Telangana. Below table shows the year by year revenue figures and overall, Telangana’s income has increased by Rs.1067 crore over AP for the financial year 2022-23.

 
Year Andhra Pradesh Telangana
2014-15 Rs 65,695 crore Rs 51,042 crore
2015-16 Rs 88, 648 crore Rs 76,134 crore
2016-17 Rs 98,994 crore Rs 82,818 crore
2017-18 Rs 1,05,060 crore Rs 88,824 crore
2018-19 Rs 1,14,684 crore Rs 1,01,420 crore
2019-20 Rs 1,11,034 crore Rs 1,02,544 crore
2020-21  Rs 1,17,136 crore Rs 99,903 crore
2021-22 Rs 1,50,552 crore Rs 1,27,468 crore
2022-23  Rs1,58,282 crore Rs 1,59,349 crore

For 2022-23, AP received Rs 36,048 crore in grants from the union government whereas Telangana received only Rs.13,179 crore. This means AP got Rs 22,869 crore more than Telangana yet the carved out state had beaten the estimates and surpassed the divided state.

There are multiple reasons for the drop in revenue like GST, sales tax and registration. In 2021-22, Telangana received Rs.34,489 crore in the form of GST while AP received Rs.34,262 crore.  And for the corresponding year i.e, 2022-23, Telangana’s GST revenue increased to Rs.41,888 crore, while AP’s GST remained at Rs.38,840 crore.

AP is lagging behind in sales tax too. Telangana earned Rs 29,604 crore through sales tax on petrol, diesel and liquor in the last financial year, while AP got only Rs 18,004 crore. This is Rs 2900 crore less than the sales tax achieved by AP in 2021-22. In liquor sales Telangana earned a revenue of Rs 18,470 crore whereas AP made only Rs.14,798 crore for the year 2022-23.

Compared to Telangana, the situation of AP in terms of income from stamp registrations is odd. In 2022-23, through registrations, AP’s revenue is Rs.8,022 crore and Telangana’s stands at Rs.14,228 crore. Compared to 2021-22, the income of Telangana registrations increased by Rs.2,000 crore, while the income of AP increased by only Rs.400 crore.

Telangana received Rs 19,553 crore in non-tax revenue in 2022-23 through the sale of government lands. Although the YCP government intended to increase the revenue by selling lands and started Mission AP Build in 2021. However, with roadblocks in the form of the High Court, the state government withdrew the idea. As a result, the AP government has pledged thousands of crore of debt at huge interest by pledging the land in banks. In 2022-23, AP received a non-tax revenue of Rs.6031 crore.

The only area where AP had encouraging revenues compared to Telangana is in the collection of tax from garbage, property tax, house tax, CESS on petrol and diesel, road development CESS. For the year 2022-23, AP made an income of Rs.9,109 crore and Telangana got only Rs.8,430 crore.

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Android_Halwa LEGEND

Android_Halwa

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Just another day…just another achievement..!!! Maya ledu marmamu ledu, antha nijame, anthe vasthavame…no fiction, no virtual and no PPT’s….Telangana la antha reality. Degara ga vuntadi..

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sarfaroshi Sr. Hero

sarfaroshi

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2021-2022  AP lo em magic jarigindi, it spiked so much.

 

2020-21  Rs 1,17,136 crore Rs 99,903 crore
2021-22 Rs 1,50,552 crore Rs 1,27,468 crore
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psycopk PRODUCER

psycopk

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deni kosame kada tg nundi jaggadini supporting... konta mandi langa jaffas... pakka vadu padipote meru mundiki povatam kadu ra bewerse... cbn lanti dynamic leader unnapudu beat cheyali.. adi competitive spirit ante

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jaathiratnalu Hero

jaathiratnalu

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23 minutes ago, psycopk said:

deni kosame kada tg nundi jaggadini supporting... konta mandi langa jaffas... pakka vadu padipote meru mundiki povatam kadu ra bewerse... cbn lanti dynamic leader unnapudu beat cheyali.. adi competitive spirit ante

Pakkavadi Gurunchi inka pulkas cheppali. 
 

Asalu crying ane concept politics lo start chesendi e pulka party 

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anna_gari_maata Celebrity

anna_gari_maata

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57 minutes ago, sarfaroshi said:

2021-2022  AP lo em magic jarigindi, it spiked so much.

 

2020-21  Rs 1,17,136 crore Rs 99,903 crore
2021-22 Rs 1,50,552 crore Rs 1,27,468 crore

Adani ports ayyi untayi

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anna_gari_maata Celebrity

anna_gari_maata

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56 minutes ago, psycopk said:

deni kosame kada tg nundi jaggadini supporting... konta mandi langa jaffas... pakka vadu padipote meru mundiki povatam kadu ra bewerse... cbn lanti dynamic leader unnapudu beat cheyali.. adi competitive spirit ante

Evvadu lenappudu lands lo  buildings katti...inkoka leader vacchina ventane thoma muduchukune CBN and Co. batch competition gurinchi matladakoodadu....atleast pottu lekunda poti cheyyamanu first 

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JaiBalayyaaa Celebrity

JaiBalayyaaa

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1 hour ago, psycopk said:

deni kosame kada tg nundi jaggadini supporting... konta mandi langa jaffas... pakka vadu padipote meru mundiki povatam kadu ra bewerse... cbn lanti dynamic leader unnapudu beat cheyali.. adi competitive spirit ante

Luchas anta 

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dallas_ear_rings Hero

dallas_ear_rings

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1 hour ago, sarfaroshi said:

2021-2022  AP lo em magic jarigindi, it spiked so much.

 

2020-21  Rs 1,17,136 crore Rs 99,903 crore
2021-22 Rs 1,50,552 crore Rs 1,27,468 crore

Jagananna own money theesi revenue kinda pentinadu

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dallas_ear_rings Hero

dallas_ear_rings

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1 hour ago, sarfaroshi said:

2021-2022  AP lo em magic jarigindi, it spiked so much.

 

2020-21  Rs 1,17,136 crore Rs 99,903 crore
2021-22 Rs 1,50,552 crore Rs 1,27,468 crore

Jagananna own money theesi revenue kinda pentinadu

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Android_Halwa LEGEND

Android_Halwa

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1 hour ago, psycopk said:

cbn lanti dynamic leader unnapudu beat cheyali.. adi competitive spirit ante

Lol xx

Competerive spirit anta…Ayine vunte thella cheera denikani oka sametha vuntadi…Susinam kda competerive spirt..Hyderabad ni susi competitive ga Amaravati mi seddam anukunadu leader…lol real estate ventures esetodu eda vunna sesedi okate pani, land kanipisthe plots eyadam ammeyadam…deeniki competitive spirit ani vision ani enduku le samara

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Jatka Bandi LEGEND

Jatka Bandi

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1 hour ago, psycopk said:

deni kosame kada tg nundi jaggadini supporting... konta mandi langa jaffas... pakka vadu padipote meru mundiki povatam kadu ra bewerse... cbn lanti dynamic leader unnapudu beat cheyali.. adi competitive spirit ante

aaaa.. ee neethulaki emochenule kaani.. mee backi kinda nalupu choosukondi..

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