You are here: Home » Politics » News » South
Business Standard

Accepted financial package for development of Andhra Pradesh: Chandrababu Naidu

The special package announced by BJP includes full funding of Pollavaram irrigation project, tax concessions, special assistance

Andhra Pradesh

Press Trust of India  |  Visakhapatnam 

Andhra Pradesh CM N Chandrababu Naidu at the Business Standard Andhra Pradesh Round Table in Vijayawada on Monday
Andhra Pradesh CM N Chandrababu Naidu

Chief Minister N Chandrababu Naidu on Thursday said he accepted special financial package from the Centre with hope that it will be in the interest of the state.

"I accepted the special package for the sake of development of with hope that it will be good for state," Naidu told students of a college here.

Naidu has been under fire from opposition parties for "failing" to secure the special category status for post its division in 2014.

The special package announced by BJP-led NDA government at Centre last week includes full funding of Pollavaram irrigation project, tax concessions and a special assistance.

Andhra Pradesh suffered financially because of creation of separate state of Telengana in June 2014.

BJP is an ally of TDP in Andhra Pradesh as well at Centre.

Referring to criticism by opposition parties, the Chief Minister said, "I am not scared of any high command. Public is my high command. I fear only for the problems and that's why I have accepted the special package."

He also defended Union minister and BJP leader from state M Venkaiah Naidu who has been target of opposition for "failure" to get special category status.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, September 15 2016. 09:11 IST