Friday, April 26, 2024

AP and Centre accord on Special Package

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Andhra Pradesh, Centre has compromised on accord a special package rather than Special Category Status. The announcement is likely to be made after Prime Minister Narendra Modi returns from his trip to Vietnam and China.

Based on the broad indications dropped by the Union government, officials estimate that the State could get an additional assistance of Rs. 6,000 crore to Rs. 7,000 crore in the form of Central grants during the current fiscal year, basically for the approved externally aided projects as well as the centrally sponsored schemes. 

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