₹15k cr loan for Amaravati, help for Polavaram, other projects promised

₹15k cr loan for Amaravati, help for Polavaram, other projects promised

The budget addressed the main demands of the Telugu Desam Party (TDP), a critical member of the ruling NDA at the Centre, as it promised a loan of ₹15,000 crore for developing Amaravati as the state capital, financing and early completion of Polavaram dam as well as grants for backward districts of the state.Andhra Pradesh … Read more

Competitive capital-ism: Andhra Pradesh revives Amaravati, Chhattisgarh seeks special grant for Nava Raipur Atal Nagar expansion

Competitive capital-ism: Andhra Pradesh revives Amaravati, Chhattisgarh seeks special grant for Nava Raipur Atal Nagar expansion

When Andhra Pradesh demands Rs 15,000 crore for its new capital Amaravati, can’t Chhattisgarh make a similar pitch? The Chhattisgarh government has appealed to the 16th Finance Commission for a special grant of Rs 4,131 crore to bolster its new capital, Nava Raipur Atal Nagar. When FC chairman Arvind Panagariya and his team visited Raipur … Read more

CM Naidu to raise budget-specific demands in meeting with PM, FM

CM Naidu to raise budget-specific demands in meeting with PM, FM

Andhra Pradesh chief minister N Chandrababu Naidu, a key ally of BJP-led NDA, is likely to meet Prime Minister Narendra Modi and finance minister Nirmala Sitharaman this week to raise budget-specific demands for the state.Naidu is likely to discuss his expectations from the budget, which is likely to be presented in the third week of … Read more