phani41 Posted February 4, 2015 Report Posted February 4, 2015 New Delhi: The Centre on Wednesday approved Rs 850 crore development package and adhoc support to Andhra Pradesh as also tax sops to help the state attract investments in the industrial sector. Under the Andhra Pradesh Reorganisation Act, 2014, the Centre is committed to support state, providing special development package to backward areas and Rayalaseema and North coastal region of the state. "It has now been decided that funds amounting to Rs 350 crore (@ Rs 50 crore per district) in seven Backward Districts of Andhra Pradesh may be provided to Government of Andhra Pradesh during 2014-15 for its development activities," the Finance Ministry said in a statement. It further said an inter-ministerial Joint Committee, constituted by Home Ministry, is also taking stock of the situation of the state government to make recommendations to bridge the likely resource gap in the Central Budget 2014-15. "However, an adhoc support of Rs 500 crore for current financial year will be provided to Andhra Pradesh, pending recommendations of the Committee," the statement added. The Centre has to also provide fiscal measures, including offer of tax incentives, to the successor States, to promote industrialisation and economic growth in both the States. "The manufacturing industries set up in the backward region, as notified, would be given 15 per cent additional depreciation on new plant and machinery in the first year of installation," the Finance Ministry said. Also, an additional investment allowance of 15 per cent would be given to industries set up in the backward regions for investments made in new plant and machinery in any of the five years for which additional concession would be notified. Even if the investment is made in the fifth year, the investment allowance would be available, it added. "The additional depreciation allowance, and investment allowance will be provided without insisting on an investment of above Rs 25 crore," the Ministry said. It further said several other proposals including proposals of Department of Industrial Policy & Promotion (DIPP) are under examination. Telangana was carved out as a separate state from Andhra Pradesh in June 2014.
ZuniorVentiyar Posted February 4, 2015 Report Posted February 4, 2015 850 crors package .... only for 2014 kee ... next year ayinaa gattiga fight chesthy inka emina ravachu .... :3D_Smiles_38: :3D_Smiles_38: New Delhi: The Centre on Wednesday approved Rs 850 crore development package and adhoc support to Andhra Pradesh as also tax sops to help the state attract investments in the industrial sector. Under the Andhra Pradesh Reorganisation Act, 2014, the Centre is committed to support state, providing special development package to backward areas and Rayalaseema and North coastal region of the state. "It has now been decided that funds amounting to Rs 350 crore (@ Rs 50 crore per district) in seven Backward Districts of Andhra Pradesh may be provided to Government of Andhra Pradesh during 2014-15 for its development activities," the Finance Ministry said in a statement. It further said an inter-ministerial Joint Committee, constituted by Home Ministry, is also taking stock of the situation of the state government to make recommendations to bridge the likely resource gap in the Central Budget 2014-15. "However, an adhoc support of Rs 500 crore for current financial year will be provided to Andhra Pradesh, pending recommendations of the Committee," the statement added. The Centre has to also provide fiscal measures, including offer of tax incentives, to the successor States, to promote industrialisation and economic growth in both the States. "The manufacturing industries set up in the backward region, as notified, would be given 15 per cent additional depreciation on new plant and machinery in the first year of installation," the Finance Ministry said. Also, an additional investment allowance of 15 per cent would be given to industries set up in the backward regions for investments made in new plant and machinery in any of the five years for which additional concession would be notified. Even if the investment is made in the fifth year, the investment allowance would be available, it added. "The additional depreciation allowance, and investment allowance will be provided without insisting on an investment of above Rs 25 crore," the Ministry said. It further said several other proposals including proposals of Department of Industrial Policy & Promotion (DIPP) are under examination. Telangana was carved out as a separate state from Andhra Pradesh in June 2014.
phani41 Posted February 4, 2015 Author Report Posted February 4, 2015 15k defct ki 850 crores wowww "adhoc support" annaruga. so temporary ga ivi isthunnam will give some more in near future. I know AP is in deep crisis after division in all aspects but don't lose HOPE _-_
posaanisam Posted February 4, 2015 Report Posted February 4, 2015 "adhoc support" annaruga. so temporary ga ivi isthunnam will give some more in near future. I know AP is in deep crisis after division in all aspects but don't lose HOPE _-_ akada khajana kaali salarys ki money levu pushakarala works ki funds levu poalavrm aagipoindi inka taruvata ichi enduku
maddy160 Posted February 4, 2015 Report Posted February 4, 2015 akada khajana kaali salarys ki money levu pushakarala works ki funds levu poalavrm aagipoindi inka taruvata ichi enduku Bhaiya, you are saying Khajana khali. Why is CBN concentrating more on capital? He can get the work done from HYD for next 10 years right. Pantham matram vidaru. Appudu centre ni enduku adugutunnaru. They told to work from HYD. At least for next 2 years, he can build the ground and then start capitol work right? Why crying on BJP
posaanisam Posted February 5, 2015 Report Posted February 5, 2015 Bhaiya, you are saying Khajana khali. Why is CBN concentrating more on capital? He can get the work done from HYD for next 10 years right. Pantham matram vidaru. Appudu centre ni enduku adugutunnaru. They told to work from HYD. At least for next 2 years, he can build the ground and then start capitol work right? Why crying on BJP oka 2 months back same ilanti post reverse lo padindi cbn inka enduku hyd lo unnadu aa rent katte money to new buildings kattukuni vja dobbeyachu kada ani infact its true antanta rents dobbatte badulu shift avachu ipudu kakapoina epatikina shift avalsinde kani slow ga move aite better y he is concentrting ante mari 5 yrs a min oka phase aina complte cheyakapote public face mida spit chestaru
CKRAVI Posted February 5, 2015 Report Posted February 5, 2015 oka 2 months back same ilanti post reverse lo padindi cbn inka enduku hyd lo unnadu aa rent katte money to new buildings kattukuni vja dobbeyachu kada ani infact its true antanta rents dobbatte badulu shift avachu ipudu kakapoina epatikina shift avalsinde kani slow ga move aite better y he is concentrting ante mari 5 yrs a min oka phase aina complte cheyakapote public face mida spit chestaru anthe anthe..
.thumb.jpg.ce42bb16ec102475a78c2087ce269c7d.jpg)
.thumb.gif.343fe49c7e1c507ae0056326bd8cf77e.gif)
Recommended Posts