YSRCP general secretary (Agriculture & Farmers’ Welfare) M.V.S Nagi Reddy has alleged that agriculture in Andhra Pradesh is in deep crisis and that declining rural incomes are dragging down the State’s finances, contrary to the optimistic projections in the Budget. Addressing the media at the party central office, Mr. Nagi Reddy said revenue receipts projected at ₹2,17,976.53 crore for 2025–26 were revised down to ₹1,96,903.53 crore, a shortfall of over ₹21,000 crore. Despite this, the government now projected ₹2,34,140.14 crore, an 18.91% increase, which he termed unrealistic. Similarly, State tax revenues were cut from ₹1,28,126 crore to ₹1,11,865 crore, but fresh estimates peg them at ₹1,37,320 crore. Mr. Nagi Reddy argued that falling farm incomes due to weak MSP realisation, lower yields and marketing failures reduced rural purchasing power. He noted that despite increased paddy acreage during Kharif 2025–26, production saw only a marginal rise, indicating declining productivity. Cotton farmers reportedly suffered losses due to Cyclone Montha, while groundnut and maize farmers faced sharp price drops below MSP. He also flagged limited procurement by the National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) for chickpea, warning of further distress. Andhra Pradesh, he said, slipped to the 10th place nationally in paddy procurement, while Telangana offered a ₹500 bonus per quintal. Calling the projections “cooked-up,” he urged urgent corrective measures to prevent irreversible damage to the rural economy. Published – February 22, 2026 07:26 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Over 3,000 women participate in marathon for cancer awareness in Coimbatore Land survey in Idukki’s Mankulam runs into trouble as Forest dept. opposes survey in ‘reserve forest’