Special Development Package to Andhra Pradesh and Tax Incentives to Successor States

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Delhi
Last Updated : Feb 05 2015 | 12:20 AM IST
In terms of Section 46 (2) and Section 46 (3) of the Andhra Pradesh Reorganisation Act, 2014, the Union Government is committed to support Andhra Pradesh, providing Special development package to backward areas and Rayalaseema and North coastal region of the State. It has now been decided that funds amounting to Rs.350 crore (@ Rs.50 crore per District) in seven Backward Districts of Andhra Pradesh may be provided to Government of Andhra Pradesh during 2014-15 for its development activities.

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First Published: Feb 04 2015 | 12:20 AM IST

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