Union Budget: CM Reviews Allocations, Charts Plan To Maximise Gains for AP

Vijayawada: Chief Minister N. Chandrababu Naidu on Thursday conducted a comprehensive review of allocations made to Andhra Pradesh in the 2026–27 Union Budget.

At a high-level meeting, he directed officials to prepare plans to secure maximum benefits for the state. They must formulate proposals for establishing the projects sanctioned by the Centre, including the proposed rare earth corridor.

In addition to approved projects, the state should submit proposals to host national-level initiatives, he said.

Naidu underlined the need to effectively converge centrally sponsored schemes and other programmes to draw additional funds. In the past, a failure to utilise central allocations and the delays in submitting utilisation certificates had led to “complications and loss of opportunities.”

Departments, he said, must fully expend allotted funds to remain eligible for enhanced allocations.

The Chief Minister directed that the rare earth corridor covers the Srikakulam, Vizianagaram and Visakhapatnam districts, alongside value-chain industries for other critical minerals. He also proposed extending the East Coast Industrial Corridor from Mulapeta to Krishnapatnam along the coastline.

He also suggested expediting container and equipment manufacturing units, establishing a mega textile park in Palnadu, a sports manufacturing hub in Tirupati, semiconductor design projects in Amaravati under India Semiconductor Mission 2.0, and electronics component manufacturing hub in Hindupur.

Naidu proposed developing a bio-design and med-tech ecosystem in the capital region’s Health City, promoting medical tourism under the “Heal in AP” initiative, strengthening tourism in Tirupati, effectively utilising the 1,000 electric buses sanctioned by the Centre, and attracting greater funding for coconut, cocoa, cashew, coffee and large-scale food processing projects.