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Andhra Pradesh under financial stress

30th March, 2015 9:53pm     Andhra Pradesh      Comments  

Andhra Pradesh under financial crisis,AP financial crisis

It had been Seven months after Telangana and Andhra Pradesh separated and AP state government is under a great financial stress. Prime Minister Narendra Modi who had promised to give every kind of support to Andhra has not granted even a single rupee. In fact, officials point to the Andhra Pradesh Reorganization Act that stipulates reimbursement of the revenue deficit in its first financial year by the Centre. Although Central minister Sujana chowdary announced that the financial packages of 10 thousand crores from central will be released by the end of March. But up to now the central has not released even a single penny yet.


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