Rs 1000 Crore Special Package To Andhra Pradesh: The Centre has announced an amount of Rs 1000 crore to Andhra Pradesh for the current financial year
For the purpose of the development of backward districts in Andhra Pradesh the Centre has announced a special package of Rs 1,000 crore to Andhra Pradesh for the current financial year.
Out of this 1000 crore package, Rs 350 crore will be used for the development of three backward districts in north coastal Andhra and four in Rayalaseema with Rs 50 crore each.
And an amount of Rs 350 crore will be used for the construction of new capital Amaravati. Rs 300 crore would be embarked towards the Polavaram project that has been declared a national project. An amount of Rs 1500 crore will be used for the infrastructure development.
The developmental came after Chief Minister N. Chandrababu Naidu’s two-day visit to Delhi where he met several Union Ministers and explained them on the need for provide liberal assistance to the State.
Earlier, chief minister N Chandrababu Naidu had requested the central Govt for the required funds for the newly formed Andhra Pradesh State after bifurcation claiming that the state should build every thing from the scratch and hence it needs fund.
As a result Prime Minister Narendra Modi has accepted the state’s request to lay the foundation stone for the new capital on October 22.
The Centre has decide to provide assistance to Andhra Pradesh for its development including the construction of Raj Bhawan, high court, government secretariat, legislative assembly, legislative council, and such other essential infrastructure.
Union Minister of State for Science and Technology Y. Satyanarayana (Sujana) Chowdary hoped that the granted funds would be released within a week.
The Andhra Pradesh Re-organisation Act, 2014 bifurcated the state and Telangana came into being with effect from June 2, 2014.