‘Steps being taken to stabilise finances’

The Governor said policies are being aligned with outcomes, institutions are being strengthened, and citizens are being placed at the centre of decision-making. “This transition reflects a movement from recovery to confidence, and from intent to enduring progress,” he said.

Highlighting the government’s citizen-centric approach, he said steps have been taken to stabilise finances, reduce borrowing costs and secure revival support while rebuilding credibility. “This has not been an easy task, but there is no alternative to disciplined correction,” he noted. Despite constraints, growth momentum is being restored through careful prioritisation and reform. “Determination, clarity and persistence define our approach as we work to rebuild the State’s foundations and promote Andhra Pradesh with renewed confidence,” he said.

The Governor said these efforts are already reflecting in the State’s economic performance. As per the First Advance Estimates for 2025–26, AP’s GSDP has increased to Rs17.62 lakh crore from Rs15.91 lakh crore in the previous year, registering a nominal growth of 10.75 per cent. Per capita income has risen to Rs2.95 lakh, compared to Rs2.66 lakh last year. “This growth has been driven by strong performance in agriculture and allied sectors at 7.83 per cent, industry at 9.53 per cent, and services at 12.94 per cent,” he said.

Referring to a series of sector-specific policies unveiled by the coalition government, the Governor said the Swarna Andhra Vision lays out a clear economic pathway aimed at sustained high growth, with the objective of building aRs308-lakh-crore economy and achieving a per capita income ofRs55 lakh by 2047.