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Andhra Pradesh CM Chandrababu Naidu Seeks Assistance Of Rs 1 Lakh Crore From Centre

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| October 13 , 2018 , 13:38 IST

Andhra Pradesh Chief Minister Chandrababu Naidu on Friday has asked the central government to provide a financial assistance of Rs 1 lakh crore for the development of Infrastructure of the state.

In a meeting with the members of the 15th Finance Commission, underlying the losses suffered by Andhra Pradesh due to the bifurcation, Naidu asked the centre to provide financial assistance of Rs 1,09,023 crore.

Not happy with the central government support, Naidu said that the central government had promised to allot Rs 2,500 crores for the Infrastructure development but has released only Rs 1,500 crores so far.

Also Read: Andhra Pradesh Tops Ease Of Doing Business States Of India: DIPP & World Bank Report 

Naidu also appealed the central government to provide Rs 22,250 crore for backward regions development in the state and Rs 10,000 crores for development of ports, airports and roads in the state.

On Saturday, Naidu wrote to Prime Minister Narendra Modi requesting him to release an interim relief amount of Rs 1,200 crore for the Cyclone Titli affected north coastal region of the state including Srikakulam and Vizianagaram districts.

“The cyclone has devastated these districts and left huge damage to properties, infrastructure, agriculture and horticulture crops, and houses resulting in distress and misery to the people. The cost of the damaged properties, infrastructure and other related sectors has been tentatively worked out to be around Rs 2,800 crores. The State Government has already started rescue and relief operations on a war footing. In view of the severe damage, I request the Government of India to liberally and expeditiously sanction the relief,’’ Naidu wrote in the letter.