N Chandrababu Naidu welcomes Centre's special package for Andhra Pradesh

The AP CM also demanded that the Centre expedite the work on the Polavaram project and complete it in a time-bound manner

Union Minister for Finance Arun Jaitley with Andhra Pradesh Chief Minister N Chandrababu Naidu at a meeting at North Block in New Delhi
Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Arun Jaitley with Andhra Pradesh Chief Minister N Chandrababu Naidu at a meeting at North Block in New Delhi
Press Trust of India Vijayawada
Last Updated : Sep 08 2016 | 11:21 AM IST
Chief Minister N Chandrababu Naidu on Wednesday welcomed Union Finance Minister Arun Jaitley's announcement of a financial package for Andhra Pradesh and said he would have been happier had the Centre granted special status to the state.

He said the Centre should implement its promises "in true spirit" and in a time-bound manner.

"People of the state have been waiting for this for many days now...Had they granted special status, I would have been happier. In case they have some technical problems, they should do whatever is possible as per law," he told a press conference after midnight here.

Naidu demanded that the Centre expedite the work on the Polavaram project and complete it in a time-bound manner.

With respect to the construction of capital city Amaravati, he said Rs 2500 crore already been sanctioned and another Rs 1000 crore promised would not be in any way sufficient.

"The Centre should do justice in this regard," he added.

Jaitley's announcement came after the draft of it was ostensibly approved by Chief Minister N Chandrababu Naidu.

Opposition parties in the state criticised Jaitley's announcement, saying there was "nothing" in it.

"It's a clear betrayal by BJP. This will be a black day in the history," CPI state secretary K Ramakrishna said.

AP Intellectuals Forum President Chalasani Srinivas also castigated the Centre over going back on its promise of granting special category status to AP.

Jaitley announced the special package for the state at a late night press conference. It includes full funding of Pollavaram irrigation project, tax concessions and a special assistance.

Andhra Pradesh, which financially suffered because of creation of separate state of Telengana in June 2014, will get a railway zone as also all cost incurred on the irrigation part of Pollavaram project from the date it was declared a National Project on April 1, 2014 will be funded by the Centre.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 08 2016 | 1:13 AM IST

Next Story