Electronics, IT services sector to play big role in increasing revenue, says Naidu

Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday directed all revenue-generating departments to conduct an in-depth study of the favorable conditions and opportunities available to significantly increase the State’s income. He underlined that detailed planning should be based on the revenue trends of the past 30 years to ensure substantial growth and observed that the electronics, IT, and services sectors will play a crucial role in boosting the State’s revenue.

The Chief Minister made these comments during a comprehensive review with all revenue-generating departments at the Secretariat. Department-wise progress was discussed. He expressed concern that although Andhra Pradesh ranks among the top States in gold consumption, the corresponding tax revenues are not proportionate and directed the officials to address this and implement strict measures to prevent tax evasion.

Naidu during the meeting emphasised the need to create a central Data Lake, integrating information from all departments. Each department should have its own AI team, and an AI-driven tax system should be operational within the next two to three months to provide better services to taxpayers. The revenue target for the financial year 2025–26 from various sources—commercial taxes, excise, stamps & registration, mines, forests, etc.—has been set at Rs1,34,208 crore reflecting a 29 per cent increase

over the previous year.