Naidu Welcomes Union Budget Boosting Andhra Development
Andhra Pradesh Chief Minister N. Chandrababu Naidu on February 1, 2026 welcomed the Union Budget as a "forward-looking and balanced blueprint" aligned with the state's priorities. He highlighted allocations including a ₹40,000 crore ISM 2.0 semiconductor fund, inclusion in a Dedicated Rare Earth Corridor, tax incentives for data centres through 2047, and proposed high-speed rail corridors linking Hyderabad, Bengaluru and Chennai. Naidu said these measures will bolster industrial growth, MSMEs, tourism, and AI/data-centre investments across Andhra Pradesh.
Key Points
- 1Highlights ₹40,000 crore semiconductor allocation under ISM 2.0 and inclusion in Rare Earth Corridor
- 2Argues budget enables industrial growth via high-speed rail corridors and strengthened ease-of-doing-business
- 3Signals expanded opportunities for data centres, MSMEs, textiles, tourism, and AI investments in Andhra Pradesh
Scoring Rationale
Official state response highlights concrete budget allocations and sectoral impacts; limited originality and state-focused scope
Sources
Public references used for this report.
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