The Centre, however, is said to have assured the state government that the special package will be "nothing less" than the special status barring the phrase.
Chief Minister N Chandrababu Naidu reluctantly agreed to "accept" the special package if it delivered better benefits than the special status.
At the same time, he sent a wish list to the Centre that included bridging the total revenue deficit caused to the state due to bifurcation, setting up of a new railway zone at Visakhapatnam, completion of the Polavaram multi-purpose project within a stipulated time and industrial incentives with legal safeguards.
Chandrababu turned down an invitation from Union Urban Development Minister M Venkaiah Naidu to fly down to New Delhi to finalise the special package before Finance Minister Arun Jaitley made a formal announcement.
Instead, the Chief Minister constantly discussed, over phone from Vijayawada, the Centre's reported offer with his pointsmen in New Delhi -- Union Minister of State Y Satyanarayana Chowdary and Rajya Sabha member C M Ramesh -- and conveyed his response to Union Ministers Rajnath Singh, Venkaiah Naidu and Arun Jaitley.
But with the Centre not budging on this, the Chief Minister had to eventually accept the special package offer with "required changes".
Satyanarayana Chowdary and Ramesh once again held talks with Jaitley and conveyed Chandrababu's feelings because of which the Finance Minister delayed the announcement.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
