Andhra Pradesh government presents Rs 2.56 lakh crore budget for 2022-23
AMARAVATI:The Andhra Pradesh government on Friday presented the Budget for 2022-23 with a proposed expenditure of Rs 2.56 lakh crore and a projected revenue deficit of Rs 17,036 crore. Finance Minister Buggana Rajendranath presented the ambitious budget although the government fell short of its expenditure estimates in 2021-22 by a whopping Rs 55,182 crore. The […]
TDP demands White Paper from Andhra Pradesh government
AMARAVATI: Telugu Desam Party (TDP), the main Opposition in Andhra Pradesh, on Monday demanded that the Jagan Mohan Reddy government immediately publish a White Paper on the states finances. This demand comes in the wake of the state allegedly not paying salaries to its employees. That it (AP government) could not even pay salaries to […]
Andhra Pradesh government invites South Korean steel giant POSCO to set up plant
AMARAVATI: The Andhra Pradesh government has invited South Korean major POSCO to set up its greenfield integrated steel plant in SPS Nellore district and promised to extend fiscal and non-fiscal incentives over and above those stipulated in the state Industrial Policy 2020-23. The state government’s invitation to POSCO comes at a time when Chief Minister […]
Andhra Pradesh government cancels lease of Visakhapatnam restaurant, owner close to TDP
VISAKHAPATNAM: Officials of the Visakhapatnam Metropolitan Region Development Authority (VMRDA) have cancelled the lease of a food and beverage outlet, Fusion Foods, for violating lease rules. “The drive was carried out by VMRDA against Fusion Foods,” an official confirmed with IANS. Incidentally, the outlet is promoted by T. Harshavardhan Prasad, who is touted to be […]
Andhra Pradesh government signs Bhogapuram airport deal with GMR
AMRAVATI: The Andhra Pradesh government and GMR group have signed an agreement to build an international airport at Bhogapuram in the state. The greenfield airport project to come up at Bhogapuram near Visakhapatnam, is being developed as a crucial gateway to the northern part of Andhra Pradesh. The agreement was inked on Friday in the […]
After Delhi, Andhra Pradesh government hikes liquor prices by another 50 per cent
NEW DELHI: The Andhra Pradesh government has enhanced prices of liquor by another 50 per cent on Tuesday, only a day after imposing a 25 per cent hike as shops were reopened in relaxation of the ongoing lockdown. Special Chief Secretary (Revenue) Rajat Bhargava said the abnormal increase in liquor rates was to ‘discourage’ people […]
High Court restrains Andhra Pradesh government from shifting offices out of Amaravati
AMARAVATI: In a setback to the YS Jagan Mohan Reddy government, the Andhra Pradesh High Court on Thursday said no government office should be shifted anywhere till it completed hearing a batch of petitions on the state capital issue. A division bench of Chief Justice J K Maheshwari, Justices A V Sesha Sai and M […]
Andhra Pradesh government stops sand mining with immediate effect
AMARAVATI: The Andhra Pradesh government on Tuesday decided to stop sand mining with immediate effect. Mines and Geology Minister Peddireddi Ramachandra Reddy said: “New sand mining policy will be introduced within a span of 15 days.” He warned the people who indulge in illegal sand mining, saying that the cases will be filed under the […]