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Andhra Pradesh Chief Minister Chandrababu Naidu urges Centre to provide ₹10,000 crore under SASCI, revenue deficit compensation

The State still grapples with limited financial resources, which is affecting its developmental aspirations, the Chief Minister tells Union Finance Minister Nirmala Sitharaman

Andhra Pradesh Chief Minister N. Chandrababu Naidu has appealed to Union Finance Minister Nirmala Sitharaman to allocate an additional ₹10,000 crore to the State under the Special Assistance to States for Capital Investment (SASCI) scheme for the financial year 2025–26.

During a meeting held on the second day of his visit to New Delhi on Wednesday, Mr. Naidu submitted a representation seeking financial assistance for various key projects. He requested the Centre to accept Andhra Pradesh’s appeal to the 16th Finance Commission for revenue deficit compensation, highlighting the continued financial strain caused by the bifurcation of the State.

Mr. Naidu emphasised that the State still grappled with limited financial resources, which was affecting its developmental aspirations.

The Chief Minister informed Ms. Sitharaman that while the estimated cost for the construction of the new capital Amaravati stood at ₹79,280 crore, works worth ₹44,351 crore had already been initiated. Of this, ₹26,000 crore had been mobilised so far.

Mr. Naidu urged the Centre to release the next tranche of funds as a grant rather than a loan. He also expressed gratitude to the Union Government for its continued support to major infrastructure projects such as Amaravati and Polavaram irrigation project.

Posted

wondering dabbulu lenappudu schemes run cheyyadam avasarama ?

pedda vallaki 4k pension , women free buses , talliki vandanam increased to 15k and others...

center loo may ask same question to stop giving schemes or decrease some amount and save some money ?

Posted

langa lanjodulaki chadavini kuda sakkaga ravatle capital development ki loan kakunda grant iyyandi ani adugutnte 

pension, schemes antu tala thoka leni muchata enidra langa mcs 

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