Andhra Pradesh Aims for ₹1.27 Lakh Crore Revenue by 2026-27
Andhra govt targets ₹1.27 lakh crore own revenue for 2026-27
Hindustan Times
Image: Hindustan Times
The Andhra Pradesh government, led by Chief Minister N Chandrababu Naidu, has set an ambitious revenue target of ₹1.27 lakh crore for the fiscal year 2026-27. This goal aims to enhance revenue collection through technology and improved monitoring systems, following a growth in state revenue from ₹1,04,345 crore in 2024-25 to ₹1,10,643 crore in 2025-26.
- 01Andhra Pradesh targets ₹1.27 lakh crore in own revenue for 2026-27.
- 02State revenue grew from ₹1,04,345 crore in 2024-25 to ₹1,10,643 crore in 2025-26.
- 03Chief Minister Naidu emphasizes technology and AI to boost revenue collection.
- 04District-level economic growth is seen as vital for achieving fiscal targets.
- 05Efforts will focus on reducing tax evasion and improving taxpayer awareness.
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The Andhra Pradesh government, under Chief Minister N Chandrababu Naidu, has set a target of ₹1.27 lakh crore in own revenue for the fiscal year 2026-27. This follows a revenue increase from ₹1,04,345 crore in 2024-25 to ₹1,10,643 crore in 2025-26, marking a growth of approximately six percent. Major contributors to this revenue included ₹33,679 crore from Goods and Services Tax, ₹10,300 crore from the Mines Department, and ₹11,047 crore from the Stamps and Registration Department. Naidu emphasized the importance of using technology, particularly Artificial Intelligence, to enhance revenue collection and compliance. He urged departments to adopt innovative mechanisms to eliminate tax evasion and improve monitoring systems. Additionally, Naidu highlighted the need for district-level economic expansion to accelerate overall revenue growth and achieve fiscal targets more efficiently. The chief minister also called for the rationalization of municipal taxes and the use of advanced mapping technologies to identify unauthorized constructions, which can improve tax assessments and collections.
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The government's focus on increasing own revenue will likely lead to enhanced public services and infrastructure development in Andhra Pradesh.
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