Centre allocated ₹50,475 crore, which is about 4% of the national budget to Andhra Pradesh

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Vijayawada, July 28, 2024: Union Minister of State for Information & Broadcasting L. Murugan said the Central government allocated approximately ₹50,475 crore for Andhra Pradesh (AP) in the Union Budget for FY 2024-25, which was about 4% of the total budget, including ₹15,000 crore for the construction of the capital city Amaravati. He asserted that the Centre was also fully committed to financing and early completion of the Polavaram project, which was AP’s lifeline.

Addressing media persons here on Saturday, Mr. Murugan said AP was in dire need of hand-holding from the Central government having borne the brunt of bifurcation and, on its part, the NDA-III Government was conscious of it AP)’s requirements.

Accordingly, the Centre made substantial allocations for the Capital and Polavaram and it was resolute in fulfilling the commitments given to the State under the AP Reorganization Act of 2014, with due priority to the development of infrastructure in the Kopparthy and Orvakal nodes in Visakhapatnam-Chennai and Hyderabad-Bangalore industrial corridors respectively The Centre also pledged financial support for the development of the backward regions of Rayalaseema (including Prakasam district) and the north coastal districts (Uttarandhra).