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Union Budget 2016: Allocations to Andhra Pradesh and Telangana

Union Budget 2016: Allocations to Andhra Pradesh and Telangana

New Delhi: Finance Minister Arun Jaitley today presented the Union Budget for the financial year 2016-17 in the Lok Sabha. The Finance Minister announced the share of central taxes to Andhra Pradesh, Telangana states as Rs.24,637.36 crore and Rs .13,955.35 crore respectively.

The allocation were done to  Educational institutions and other projects in the Telugu states. Their details are as follows.

Andhra Pradesh

* PolavaramProject-  Rs. 100 Crores
* Vijayawada Metro- Rs. 100 Crores
* IIIT- Rs. 20 crore
* Tirupati IIT- Rs. 40 crore
* Visakhapatnam IIM- Rs. 30 crore
* Tadepallegudem NIT- Rs. 40 crore
* Tirupati IISCR-  Rs. 40 crore
* Visakhapatnam Steel Plant- Rs .1678 crore
* Visakhapatnam Port Trust - Rs .231.61 crore
* Central University- Rs. 1 crore

Telangana State

* Tribal University -Rs. 1 crore
* IIT in Telangana- Rs. 10 crores
* INCOIS - Rs 15 crore

INCOIS (Indian National Centre for Ocean Information Services )


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