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 crore funds to Andhra Pradesh. The state has been included in the list of states those facing revenue deficit. The government of India will give Rs. 22000 crore to AP to fill the revenue and expenditure gap for the coming five years.
The finance commission has expected that the Andhra Pradesh revenues might increase in the coming five years thus making it a non deficit state.
At the same time the Telangana has been given with no additional funds though the chief minister has represented his case for several times with the government of India. The finance minister himself made it clear that the Telangana state government will not get any additional funds though it is a new state but with good income sources.