Friday, April 19, 2024

TDP hopeful on Centre statement on SCS

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There are good signs coming from centre continuously over granting of a special package for AP. TDP is also hopeful of Centre statement.

Union Minister and TDP leader Sujana Chowdary’s  has made the AP government’s stand clear that it would readily accept any special financial package provided all benefits accrued for Special Category Status are included.

He told that the TDP is expecting the announcement of a special package for the AP from the Centre. He further said that AP can’t achieve the desired growth without the benefits of SCS being guaranteed. Special category status will ensure 90 per cent of finances are borne by the Central government.

The Centre is releasing Rs 800 crore as against the promised financial assistance of Rs1,976 crore to Andhra Pradesh. Rs 1,176 crore was planned for bridging the revenue gap for 2014-15 financial year, Rs 350 crore for development of backward districts and Rs 450 crore for construction of Amaravati capital city. But, it’s learnt that the Centre is releasing only Rs 800 crore to AP.

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