Andhra Pradesh Chambers Praises Growth Budget, Cites State's Missed Priorities

• Andhra Pradesh Chambers welcomed the Union Budget 2026 for its growth-oriented measures and reform focus.
• AP Chambers President Potluri Bhaskara Rao noted the budget's progressive outlook amid global economic volatility.
• Key initiatives welcomed include the Rs 10,000-crore SME Growth Fund and Rs 4,000-crore for the Self-Reliant India Fund, aimed at MSME liquidity.
• Rao highlighted benefits from reviving 200 legacy industrial clusters, India Semiconductor Mission 2.0, and increased capital expenditure.
• Concerns were raised over inadequate funding for the Polavaram Irrigation Project and Amaravati's development, seen as missed opportunities for the state.

Why It Matters: AP Chambers lauded the Union Budget's growth focus but expressed concern over limited attention to Andhra Pradesh's key projects.