Thursday, May 2, 2024

No more Special Status For Andhra Pradesh : Arun Jaitley

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Notwithstanding when the dissents looking for Special Category Status has been heightening, Union Government issued a comparable explanation individuals of Andhra Pradesh continued hearing since the previous three-and-a-half years. Tending to media a brief time back, Finance Minister Arun Jaitley pronounced there is no doubt of conceding Special Category Status to Andhra Pradesh.

We aren’t putting forth Special Status to any of the states according to the suggestions of fourteenth Finance Commission. This applies for Andhra Pradesh state also. There isn’t much distinction between Special Status and Special Package. What more do you get from Special Status? As there is income deficiency because of bifurcation, We have offered extraordinary benefits to Andhra Pradesh state.

Never centered say reserves won’t be allowed to Andhra Pradesh. We are putting forth supports in 90:10 proportion through NABARD. Focus will endorse supports either through Nabard or External-Aided Projects (EAP),’ he said. Jaitley disclosed to Special Status was concurred to North-East States in the past because of reserve crunch they confronted.

He educated that training was ended after the rollout of GST.

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