Page 7 - Andhra Pradesh

Andhra's revenue deficit breaches 110% of budget estimate in first 4 months

Andhra Pradesh's revenue deficit crossed 110 per cent of the budget estimate, by reaching Rs 36,741 crore in the first four months of the current fiscal, against the projected deficit of Rs 33,186 crore for the entire year, indicating that the state will have to rely heavily on borrowings or Central government assistance . According to the latest statistics released by the Comptroller and Auditor General (CAG), the fiscal deficit for April-July period stood at Rs 48,354.02 which is about 61 per cent of the projected Rs 79,926.90 crore for the financial year. However, the Goods and Services Tax collections grew significantly, achieving 61 per cent of the budget estimate of Rs 27,477.15 crore in the four months. Of the total revenue receipts of Rs 2,97,929.16 crore for the full year, the state achieved Rs 33 per cent at Rs 98,281.42 crore, including Rs 49,198.29 crore of borrowings and other liabilities in the last four months. India Ratings & Research, in a latest report, said for

Tata Power, Suzlon Energy ink pact for ₹6,000 crore wind power project

Will be first such project in Andhra Pradesh since 2019

Andhra Pradesh CRDA proposes projects worth ₹81,317 crore for Amaravati

The Andhra Pradesh Capital Region Development Authority (CRDA) has proposed works worth Rs 81,317 crore for the greenfield capital city of Amaravati, with tenders already issued for projects valued at Rs 50,552 crore. Chief Minister N Chandrababu Naidu reviewed the progress of Amaravati's construction at the Secretariat, in a meeting attended by Municipal Minister P. Narayana, senior officials, and contractors. CRDA has proposed works worth a total of Rs 81,317 crore for the construction of the capital city. Currently, it called tenders for projects worth Rs 50,552 crore, said an official press release. Officials informed the CM that construction work has commenced on 74 projects, covering housing, public buildings, roads, ducts, flood control measures, and other infrastructure. The TDP supremo instructed officials to complete Amaravati construction work six months ahead of the schedule. He reviewed the progress of infrastructure development in areas under the LPS (land pooling ..

Cabinet approves 4 new semiconductor projects with ₹4,600 crore investment

Four semiconductor units in Odisha, Andhra Pradesh, and Punjab, plus Lucknow Metro's Phase-1B, aim to create jobs, expand connectivity, and boost India's manufacturing base

Karur Vysya Bank expands footprint in Maharashtra, Andhra Pradesh

Private sector Karur Vysya Bank has strengthened its footprint with the inauguration of three new branches in Maharashtra, Andhra Pradesh and Tamil Nadu. The Karur-based bank has opened a new branch in KK Nagar, Udayanpatti, Tiruchirappalli in Tamil Nadu, Thane in Maharashtra, and Kurnool in Andhra Pradesh, the bank's Managing Director and CEO Ramesh Babu said. The new branches, which were inaugurated on Monday, would offer a comprehensive range of banking services including accounts, deposits and loans. It would also provide all banking transactions and would meet the specific needs of the customers, a press release from the bank said on Tuesday. Commenting on the branch expansion, Babu said, It is a part of the strategic initiative to strengthen the bank's presence in potential markets and bring services closer to customers. "At KVB, we are continuously working to enhance our service delivery through a combination of physical branches and digital platforms. Last financial year, w

AP DSC results 2025 declared at apdsc.apcfss.in, check scorecard & more

AP DSC results Out: AP DSC results 2025 have been declared on the official website at apdsc.apcfss.in. The exams were held from Jun 6 to Jul 2, 2025, with 92.90% candidates appearing for the exams

Andhra liquor scam: Kickbacks laundered through employees, say police

A chargesheet filed by the Andhra Pradesh police in connection with the alleged Rs 3,500-crore liquor scam in a local court alleges that the kickbacks were systematically laundered through low-profile individuals, such as office boys or employees. The Special Investigation Team (SIT) probing the alleged liquor scam filed a supplementary chargesheet on Monday. "During the course of investigation, it was revealed that the accused have systematically laundered the kickback amount with the help of low-profile individuals who were working as office boys or employees in the companies owned by the accused," officials said quoting the chargesheet. "Such employees and individuals acted as couriers and mules for depositing illicit cash into a network of bank accounts linked to the syndicate," they added. This pattern of cash layering and circulation demonstrates a deliberate attempt to conceal the origin of crime proceeds, constituting a classic case of structured money laundering and ...

Andhra govt to launch free bus travel for women from Aug 15: Minister

Andhra Pradesh Minister K Parthasarathy on Wednesday announced that the state government's flagship free bus travel scheme for women, a key poll promise, will be launched across the state on August 15. The scheme, titled 'Stree Shakti' (Women's Power), is expected to cost Rs 1,942 crore annuallyapproximately Rs 162 crore per monthand aims to empower women by improving access to education, employment, and mobility. "I'm happy to share that free bus travel for women will commence on August 15," said the State Information and Public Relations Minister, adding that the initiative is aimed at empowering women and enhancing their access to opportunities in education, employment, and other sectors. Addressing a press conference at the Secretariat after a Cabinet meeting chaired by Chief Minister N Chandrababu Naidu, Parthasarathy dismissed reports suggesting the scheme would be limited to select districts. "There were reports that the scheme would be restricted to certain areas, but it ha

Andhra Pradesh govt inks tourism project deals worth ₹500 crore

Deals on tourism projects worth Rs 500 crore were inked in the presence of Chief Minister N Chandrababu Naidu at Andhra Pradesh Tourism Investors Programme at Gandikota Fort in Kadapa district on Friday. Andhra Pradesh Tourism Corporation inked these deals with Ease My Trip, Hilton Hotels and others for tourism projects at various locations. "These agreements have been inked in the presence of the CM to set up tourism projects at various places in the state. Ease my Trip, Hilton Hotels and several other organisations inked deals worth Rs 500 crore with Andhra Pradesh Tourism Corporation," said an official press release. Besides building hotels, these deals are also aimed at setting up facilities for adventure sports, kayaking, jet skiing and others at Gandikota, Srisailam, Mantralayam, Tirupati and other places. Naidu virtually laid the foundation for a string of tourism projects at Gandikota, Borra Caves, Ahobilam, Nagarjuna Sagar and others under Central Government schemes such a

Andhra clears new ₹4,600 cr policy to boost electronic part manufacturing

Andhra Pradesh clears a Rs 4,600-cr Electronics Component Manufacturing Policy to attract investment and develop strategic hubs like Sri City, Hindupur, and Kopparthy

Indian PCB market will hit $10 billion by early next decade: J S Gujral

The Indian market today is estimated to be around $6 billion, which is expected to cross $10 billion by early next decade, says Gujral

SC cites 'justice at doorstep', declines plea on court relocation in AP

Highlighting the need for "justice at the doorsteps", the Supreme Court on Friday refused to entertain a plea against shifting of a sessions court from Machilipatnam to Avanigadda in Andhra Pradesh's Krishna district. Whenever a new court is established, the lawyers always oppose. Courts are not only for lawyers, they are basically for litigants. We are talking about justice at doorsteps, gram nyayalayas etc., a bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran said. Sensing the mood of the bench, the petitioner, Buragadda Ashok Kumar, withdrew the plea. The petition challenged the decision of the Andhra Pradesh High Court to transfer the VI Additional District and Sessions Court from Machilipatnam to Avanigadda. The high court had earlier dismissed the Machilipatnam Bar Association's challenge to the court's relocation, noting that although the move might cause some inconvenience to the local lawyers, it would ultimately serve the broader interest of the

Google to invest $6 billion in 1-GW data centre project in Andhra Pradesh

The search giant's data centre will be the largest in capacity and investment size in Asia and is part a multi-billion-dollar expansion of its data centre portfolio

AP police constable result 2025 out at official website; details inside

The SLPRB, Andhra Pradesh, has published the AP Police Constable Result 2025 today, 30 July 2025, on its official website slprb.ap.gov.in. The written exam was held on 1 June 2025

Ports, cities, sports on agenda of Andhra CM's day two of Singapore tour

Andhra Pradesh Chief Minister N Chandrababu Naidu, on the second day of his five-day Singapore tour, will focus on port-led development, urban planning and international sports collaboration. According to a press release, Naidu is slated to hold a meeting with Singapore's Minister for Trade and Industry Tan See Leng on Monday morning, discussing energy, science, technology, and industrial cooperation between Singapore and Andhra Pradesh. "On the second day of his five-day visit to Singapore, Naidu will hold meetings with several organisational heads, including representatives of the Singapore government. The discussions will centre around urban development, sports, and port-led industrial growth," said the release. The chief minister is scheduled to meet Airbus representatives, followed by an interaction with Honeywell officials to discuss industrial technology collaborations. Naidu will participate in a Business Round Table titled 'From Skills to Competencies, accelerating Workfor

Development over politics: Singapore's model and Naidu's vision for growth

Singapore today wields significant clout in the world order as a model for urban development and social harmony, and as one of the leading sovereign investors

SC turns down plea seeking delimitation for Andhra Pradesh, Telangana

Last month, the Ministry of Home Affairs said that the concerns of southern states about the delimitation exercise will be taken care of and discussed with all concerned at an appropriate time

Datanomics: Telangana slips into deflation, Andhra sees flat prices

Though Telangana saw deflation in June, this was not the first time. Around six and a half year ago, it witnessed deflation for two consecutive months of December and January

Centre approves price deficiency payment scheme for AP's Totapuri mangoes

The Centre has approved first-ever Price Deficiency Payment Scheme for 162,500 tonnes of Totapuri Mangoes in Andhra Pradesh, aiming to support farmers impacted by price crashes due to a bumper harvest

AP EAMCET Counselling Seat Allotment 2025 Phase 1 result to be out today

The AP EAMCET Counselling 2025 reserves 85% of seats for local candidates. Phase 1 allotment results will be out today on July 22, 2025. The commencement of classes will be on August 4, 2025