CM Chandrababu Naidu of AP got disappoint over Budget 2018

02 Feb 2018 12:21 PM | General
441 Report

Chief Minister of Andhra Pradesh, Chandrababu Naidu is said to have expressed his disappointment over the Budget that was presented. Naidu, has called an "emergency meeting" with party leaders on Sunday. "We are going to declare war. We have three options - one is to try and continue, two is our MPs resign and the third is to end the alliance," said TG Venkatesh

Andhra Pradesh had expected the Union Budget this year to be unlike other budgets. The state has lined up a slew of infrastructure projects and a new capital to be built for which it had pinned hopes on getting commensurate financial assistance from the Centre this time. But a huge disappointment it got from the Union finance minister Arun Jaitely's Budget on Thursday.The Centre has allotted Rs 10 crore to each university. No funds were allotted to various national institutions set up in AP which are running out of private and temporary accommodations. More importantly, the Central government did not allot any funds for Metro Rail projects in Vijayawada and Visakhapatnam, when Bangalore Metro Rail project was allotted a massive Rs 17,000 crore.

No funds have been allotted for the construction of AP's capital city Amaravati. The Central government is still to release Rs 1,000 crore balance funds to the state, but was not mentioned in the Budget. The Polavaram project is being financed through off-budget allocations. So in effect, the Central government did not allot any funds for Polavaram.Besides, in the recent meeting with Prime Minister Narendra Modi, Naidu had specifically asked for sanction for the Duggirajupatnam port in Nellore district as assured in the AP Reorganisation Act. That too was ignored in the Budget.

Also, industrial corridors in some other states have been allotted funds, but AP's Vizag-Chennai industrial corridor did not find favour in the Budget.There was no mention either of the establishment of an integrated steel plant at Kadapa, the Grey Hounds training centre and many other initiatives that had given assurance of financial assistance in the AP Reorganisation Act.In lieu of Special Status to AP, the Central government had announced special financial package but funds for it were not allotted in the Budget.

Edited By

Shruthi G

Reported By

Shruthi G

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