The Government of Andhra Pradesh has presented its first budget for the financial year 2015-16. This is the first full budget after the bifurcation of Andhra Pradesh. The total budget estimates for the year 2015-16 as presented by AP Finance Minister Yanamala Ramakrishnudu is Rs. 1,13,049 crore. Here are highlights of AP Budget 2015-16. 1) … Read more
The Union Government of India has allotted Rs. 100 crore for the Polavaram project of Andhra Pradesh, in its budget 2015-16. Polavaram Project was considered as lifeline of the residuary state of AP at the time of AP Reorganisation. The project cost was estimated at more than Rs. 16000 crore as per the approvals sent … Read more
It is official. Telangana state has become the second most rich state in India after Karnataka. The revenue estimates of the 14th finance commission are to be believed, Telangana has achieved huge revenue surpluses thanks to the bifurcation of Andhra Pradesh. The finance commission has estimated revenue surpluses of Rs. 1,16,000 in Telangana in the … Read more
It is advantage AP. The finance commission headed by Y.V.Reddy has showered good amount of funds for the new state of Andhra Pradesh. At the same time the finance minister Arun Jaitley has showed empty hand to the 29th state of India, Telangana. The finance commission has asked the union government to sanction Rs 1.67 … Read more