AP budget bigger than Bangladesh's !!!!

The finance minister, Mr K. Rosaiah, on Saturday presented a Rs 1-lakh crore budget which eclipses even the outlay for small countries such as Bangladesh. The total outlay is put at Rs 1,00,436 crore. This is not only the biggest budget of the state but also the highest for any state in the country in the last two years. Speaking later, the Chief Minister, Dr Y.S. Rajasekhar Reddy, said, “Uttar Pradesh with the largest population has a plan budget of Rs 25,000 crore and financially strong Maharashtra Rs 20,000 crore.” The figure for AP is about Rs 43,000 crore, the highest in the country.
The fiscal deficit for this year is estimated to be Rs 9,657 crore, which would be 2.82 per cent of gross state domestic product. “After taking into account the overall transactions of the year, we will have a net surplus of Rs 134 crore,” said the finance minister. “The financial year 2008-09 is expected to end with a cash balance of Rs 120 crore.” The GSDP during 2007-2008 is likely to be Rs 2,29,461 crore, which is an increase of 10.37 per cent over the previous year’s quick estimates.
In its last full-fledged Budget before the Assembly elections, the Congress government has allocated Rs 51,885 crore under non-plan expenditure and Rs 48,551 crore under plan expenditure for the next 12 months. An amount of Rs 2,277 crore has been allocated for infrastructure which is 73 per cent more than the previous allotment. Further, the government plans to invest Rs 38,671 crore in the industries sector creating 1.30 lakh jobs. Special economic zones coming up in the State will employ 25 lakh persons.