Jump to content

Andhra to submit revised cost proposal to restart Amaravati, Polavaram projects to Centre


Recommended Posts

Posted

The Naidu government plans to request the Centre to resume payments under the Andhra Pradesh Reorganisation Act, said to be halted during the YSR Congress Party's tenure. This after estimating the inflation-adjusted cost required to restart these projects.

The newly elected Andhra government will submit a report on inflation-adjusted costs to the Union Finance Ministry, seeking Central assistance to resume development of the proposed state capital of Amaravati and the Polavaram irrigation project, a person familiar with the development said.

What about special status?

To be sure, assistance for developing the Amaravati and Polavaram projects is unrelated to the special financial package that Andhra Pradesh is seeking, the first person cited above said.

This person added that the funds for these two projects are connected to the Reorganisation Act, and the special package, which includes additional grants from the Centre, is a separate matter.

According to the central government official cited earlier, granting Andhra Pradesh a financial package equivalent to a special category status -- a practice discontinued in April 2015, may be tricky because it could lead to similar demands from more states.

In 2015, the 14th Finance Commission, chaired by former central bank governor YV Reddy, discontinued the distinction between special category and other states. Instead, the Commission increased the quantum of tax devolution to states by 10 percentage points to 42 percent.

With the sharp increase in states'share of tax proceeds, conferring special category status to some states was deemed unjustified, except for the Northeast and hilly regions on certain parameters.

Posted

states have to remember that there are other 27 states as well in India...

Posted
2 minutes ago, Ara_Tenkai said:

states have to remember that there are other 27 states as well in India...

If bodi remembers he is pm of india not just Gujarat..then we remember antunna @southyx

  • Upvote 1
Posted
36 minutes ago, HighlyRespected said:

If bodi remembers he is pm of india not just Gujarat..then we remember antunna @southyx

Politicians are idiots.... how about us???

Just because they have done it doesnot become it normal....

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...