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Centre tells AP to fund for itself

23rd January, 2015 7:25am     Andhra Pradesh      Comments  

Centre tells AP,Centre tells AP to fund for itself,cash-strapped Andhra Pradesh government

Hyderabad: Causing more problems for the cash-strapped Andhra Pradesh government which is facing problems even to meet the salary bill of its employees, the Centre is said to have not responded to pleas favourably to bail them out from the grave financial crisis. According to highly placed sources, the Centre told the State government on Thursday that the Union government was itself facing a deficit of about Rs 1 lakh crore and hence was not in a position to come to the rescue of the AP government for the present.

It may be mentioned here that the AP Chief Minister himself had pleaded with the Prime Minister Narendra Modi and the Union Finance Minister Arun Jaitley and later it was followed up by Principal Secretary (Finance) P V Ramesh who camped in Delhi for three days till Wednesday. Sources told The Hans India that the State government was now left with no option but to search for other exploring other alternatives.

Source: THI

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