Tag: Andhra Pradesh

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 […]

Kia India crosses 500,000 dispatch mark from Anantapur plant in Andhra Pradesh

NEW DELHI: Automaker Kia India on Tuesday said it has crossed five lakh units in terms of dispatch across domestic and export markets from its Anantapur plant in Andhra Pradesh. With this, the company has also surpassed the four lakh sales milestone in the country and has already exported over one lakh cars to more […]

Nitin Gadkari lays foundation stone of 51 NH projects worth Rs 21,599 crore in Andhra Pradesh

NEW DELHI: Union Minister for Road Transport and Highways Nitin Gadkari today inaugurated and laid Foundation Stone of 51 National Highway Projects of total length 1380 Km with an investment of Rs. 21,559 crore in Vijaywada, Andhra Pradesh. Speaking on the occasion, Gadkari said under the leadership of Prime Minister Narendra Modi we are committed […]

RINL expects Rs 1,000-crore from sale of 22-acre land in Visakhapatnam

NEW DELHI: State-owned RINL expects to garner Rs 1,000 crore from the sale of its 22.19 acre land located in the heart of Visakhapatnam city, a popular tourist destination in Andhra Pradesh. On Thursday, state-run construction company NBCC had announced signing an MoU with Rashtriya Ispat Nigam Ltd (RINL) for redevelopment and monetisation of its […]

Telangana gets approval for additional borrowings of Rs 2,508 crore

NEW DELHI: After Andhra Pradesh and Madhya Pradesh, Telengana has become the third state to complete urban local bodies reforms stipulated by the Union finance ministry. With the completion of the reforms, the ministry has allowed the state to make additional borrowing of Rs 2,508 crore. The permission for mobilising additional financial resources of Rs […]

Andhra Pradesh faces debt burden of Rs 3.73 lakh crore: CAG

By Surya Desaraju AMARAVATI: The Andhra Pradesh government’s gross debt burden has increased to Rs 3,73,140 crore by the end of November 2020. CAG’s latest accounts revealed that from April to November 2020 alone Rs 73,811.85 crore was borrowed from different sources as against the annual target of Rs 48,295.59 crore for the whole year. […]

Jagan Mohan Reddy urges Amit Shah to release Polavaram project funds

AMARAVATI / NEW DELHI: Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Tuesday night called on Union Home Minister Amit Shah and discussed various issues of importance to the state, including releasing funds for the Polavaram project. Reddy submitted a memorandum on Polavaram and urged Shah to consider the second revised cost estimate as […]

‘No change in Polavaram project height, water to flow from 2022 kharif’

POLAVARAM: Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Monday said there is no change in the height of Polavaram project and that water from it will be released for Kharif 2022. “Rehabilitation works will be taken up on a priority basis. Initially, the rehabilitation works with an estimated cost of Rs 3,330 crore […]

Andhra Pradesh to distribute 30 lakh house site documents on December 25

AMARAVTI: Andhra Pradesh government will distribute 30.6 lakh house site pattas (documents) costing Rs 23,000 crore on December 25. Agriculture Minister Kurasala Kannabau said the Cabinet gave nod for distributing the pattas on Friday. On the same day, the state government will start constructing houses for eligible people. “Construction of the houses will also be […]

2 lakh private school students in Aandhra Pradesh shift to government schools

AMARAVATI: More than 2 lakh students have left private schools in Andhra Pradesh to join government schools in 2020, propelled by the myriad schemes introduced to encourage public education. “A total of 42.46 lakh students have enrolled themselves in government and government aided schools this year, which is 2.68 lakh more than the enrolment figure […]

Andhra Pradesh credits Rs 510 crore to farmers as part of zero interest scheme

AMARAVATI: Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy credited Rs 510 crore into the unencumbered bank accounts of 14.5 lakh eligible farmers as part of ‘YSR Sunna Vaddi Panta Runalu’ (zero interest crop loans scheme) on Tuesday. The move is aimed at reducing input cost and thereby decreasing the financial burden of farmers. […]

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 […]

Amul to begin milk procurement in Andhra from Nov 20

AMARAVATI: Milk procurement under an agreement between the Andhra Pradesh government and Amul will take off from November 20 in three districts — Prakasam, Chittoor and Kadapa. Animal Husbandry and Dairy Development Minister Seediri Appalaraju said Chief Minister Y.S. Jagan Mohan Reddy will distribute cheques to the dairy farmers on November 25. “The state government […]

Taiwanese delegation explores collaborations with Andhra Pradesh

AMARAVATI: A Taiwanese delegation led by Ben Wang, director general, Taipei Economic and Culture Centre (TECC) met Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy on Friday to explore possible collaborations. Reddy and Wang discussed the areas identified to collaborate for the benefit of the state. The CM assured complete support for Taiwan’s investments […]

Jagan Mohan Reddy not distributing ready houses to beneficiaries: TDP

AMARAVATI: Telugu Desam Party (TDP) Chief and opposition leader in Andhra Pradesh, Kinjarapu Atchannaidu, slammed Chief Minister Y.S. Jagan Mohan Reddy for allegedly not distributing the TIDCO homes to eligible people in the state. “We have built 2.62 lakh houses for eligible people in gated communities. Former Chief Minister Nara Chandrababu Naidu took up this […]

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