India News | Centre to Arrange Rs 15,000 Cr for Development of Capital City of Andhra
Get latest articles and stories on India at LatestLY. The government on Tuesday announced a series of measures for development of Andhra Pradesh, including arranging Rs 15,000 crore this fiscal and in future years for development of the capital city of the state.
New Delhi, Jul 23 (PTI) The government on Tuesday announced a series of measures for development of Andhra Pradesh, including arranging Rs 15,000 crore this fiscal and in future years for development of the capital city of the state.
Presenting Union Budget 2024-25, Finance Minister Nirmala Sitharaman said the government will also facilitate special financial support for development of the capital city.
Besides, the Centre allocated over Rs 3 lakh crore for schemes benefiting women and girls and stated that it is fully committed for completion and financing of Polavaram irrigation project.
The minister also announced backward region grant for three districts of the state.
The Telugu Desam Party (TDP) is a key ally of the BJP in the Centre.
Political parties from Andhra Pradesh have protested time and again since 2014 demanding special category status for the state.
Special category status is a classification of regions or states by the central government to provide special assistance in the form of tax benefits and financial support for development of the region.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)