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Fact Sheet: AP's Financial Situation after 5 Years!

27th February, 2015 10:57am     Andhra Pradesh      Comments  

AP Reorganisation Act,AP Financial Situation

14th Finance Commission treated Andhra Pradesh which is in doldrums post the Bifurcation on par with other developed States. Even Union Finance Minister Arun Jaitley asks States to be self-sufficient and not to rely on Centre. How big these two developments gonna cost Andhra Pradesh?

Financial situation of AP after 5 years:

22,122 Crores Deficit

Financial situation of AP's neighbouring States after 5 years:

Karnataka: 1,66,164 Crores Surplus

Telangana: 1,18,678 Crores Surplus

Tamil Nadu: 82,743 Crores Surplus

Odisha: 57,759 Crores Surplus

While States with developed capitals will have surplus budgets in a span of 5 years, AP without a capital City will continue to suffer with deficit budget. Can Narendra Modi claim it as equal justice or at least a step towards fulfilling all the promises given to AP as per AP Reorganisation Act?

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