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Amaravati (Andhra Pradesh):
Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday thanked the central authorities for recognizing the wants of the state within the Union Finances for the fiscal 12 months 2024-25, specializing in the event of the capital, Polavaram initiatives, industrial nodes and backward areas.
Whereas presenting the Union Finances, Finance Minister Nirmala Sitharaman promised to rearrange Rs 15,000 crore as particular monetary assist to the nationwide capital, “complete dedication” to the Polavaram venture and funds for infrastructure and backward areas.
The Chief Minister thanked the Union Finance Minister and famous that the Centre’s assist will go a great distance within the reconstruction of Andhra Pradesh.
“On behalf of the folks of Andhra Pradesh, I wish to thank Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for recognizing the wants of our state and specializing in the capital of Andhra Pradesh, Polavaram, industrial nodes and… Improvement of backward areas Mr Naidu mentioned in a submit on X: “Within the union finances for FY24-25. “
Moreover, he congratulated Ms. Sitharaman for presenting a “progressive and confidence-boosting finances”.
On behalf of the folks of Andhra Pradesh, I wish to thank the Prime Minister, @narendramodi Mr. Ji and the Honorable Federal Minister of Finance, @nsitharaman Mr. Ji acknowledged the wants of our nation and centered on the event of the capital metropolis, Polavaram, industrial nodes and backward areas… pic.twitter.com/ImgW3sor8d
— N Chandrababu Naidu (@ncbn) July 23, 2024
Earlier, Andhra Pradesh IT and Electronics Minister Nara Lokesh mentioned on Tuesday that the federal finances allocation for industrial development, infrastructure, irrigation, and many others. is the “new dawn” for the state.
The IT minister careworn that their wrestle was acknowledged and termed the event as a matter of satisfaction for the folks of the southern state.
“A brand new dawn for Andhra Pradesh. I’m very glad and grateful for the bulletins made by the Union Finance Minister within the Finances in the present day. These will go a great distance in serving to Andhra Pradesh (Andhra Pradesh) obtain its growth and social objectives ,” Mr. Lokesh’s submit on X.
In keeping with the Info Know-how Minister, a particular and complete package deal has been supplied to the nation overlaying all vital areas equivalent to industrial development, infrastructure, irrigation and human useful resource growth.
“I wish to make a particular point out of the beneficiant donations made to Amaravati and Polavaram. Right now will probably be marked as a pink letter day within the historical past of the state,” he mentioned.
Mr Lokesh mentioned this was “our first step collectively in the direction of constructing the nation of our desires”.
Earlier, Mr. Lokesh, who can be accountable for human useful resource growth, welcomed the central authorities’s finances proposal to supply assist for the Amaravati and Polavaram irrigation schemes.
“I’m grateful to the central authorities for saying its full assist for the completion of the Amaravati venture, the capital of Andhra Pradesh, and the Polavaram venture, the lifeline of Andhra Pradesh,” he mentioned.
“On behalf of the folks of the state, we categorical our gratitude to the NDA authorities for committing Rs 15,000 crore within the finances for the reconstruction of Andhra Pradesh,” Mr. Lokesh added.
Presenting the 2024-25 finances within the Lok Sabha on Tuesday, Ms Sitharaman mentioned the central authorities will present monetary help of Rs 15,000 crore to Andhra Pradesh for the event of Amaravati.
She additional mentioned that the NDA authorities on the Heart is absolutely dedicated to funding and early completion of the Polavaram Irrigation Venture, which is taken into account a lifeline for Andhra Pradesh and its farmers.
“Our authorities is united in fulfilling the commitments within the Andhra Pradesh Reorganization Invoice. We acknowledge the necessity for capital within the state. We’ll present particular monetary assist by way of multilateral growth companies. Rs 15,000 crore will probably be allotted this monetary 12 months over the subsequent few years There will probably be a further quantity,” she mentioned.
Ms. Sitharaman additional mentioned that beneath the Andhra Pradesh Reorganization Invoice, to advertise industrial growth, funds will probably be supplied for important infrastructure equivalent to water, energy, railways and roads, and will probably be supplied to Rayalaseema, Prakasam and the northern coast of Andhra Pradesh. Present subsidies to backward areas.
(Aside from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
