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CM Naidu seeks Rs 10,000 cr for Andhra below Special Assistance to States on Capital Investment

New Delhi [India], July 17 (ANI): Andhra Pradesh Chief Minister Chandrababu Naidu has urged Union Finance Minister Nirmala Sitharaman to sanction an extra Rs 10,000 crore for Andhra Pradesh within the 2025-26 monetary yr below the Special Assistance to States on Capital Investment (SASCI).

According to a launch, on Wednesday, throughout his second-day go to to Delhi, the Chief Minister met with Sitharaman and submitted a memorandum requesting monetary assist for numerous state initiatives.

He additionally appealed to the sixteenth Finance Commission to approve the Andhra Pradesh authorities’s plea to bridge the income deficit. The Chief Minister highlighted that the state continues to face monetary constraints as a result of bifurcation.

The Chief Minister knowledgeable Nirmala Sitharaman that the development of Amaravati requires a complete of Rs 79,280 crore, with works price Rs 44,351 crore already underway. However, Rs 26,000 crore stays unallocated. He emphasised the necessity for extra funds to finish the capital’s growth and requested that the second tranche of help for Amaravati be disbursed as a grant.

The Chief Minister additionally expressed gratitude to the central authorities for its assist within the development of the Amaravati and Polavaram initiatives.

Earlier, Telangana CM Revanth Reddy and Andhra Pradesh CM Naidu deliberated key points regarding water administration between the 2 states throughout a gathering with Union Jal Shakti Minister CR Patil within the nationwide capital on Wednesday.

During the assembly, Telangana Chief Minister proposed the thought of implementing telemetry in all water initiatives and reservoirs to measure precise water utilization, which was accepted by Andhra Pradesh, in response to the Telangana CMO launch.

Both sides agreed to allocate the Godavari River Management Board in Hyderabad and the Krishna RMB in Andhra Pradesh. Andhra Pradesh acceded to Telangana’s proposal to restore the celebrated Srisailam venture instantly, the discharge stated.

An Officers’ and Technical Experts’ committee might be established to deal with all pending points between the 2 sides, together with the long-pending water initiatives in Telangana for each the Krishna and Godavari river basins, it stated. (ANI)

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