The BJP claimed that 503 projects in Andhra Pradesh have been included by the central government in the national infrastructure pipeline, with a total capital outlay of Rs 8,16,583 crore for the period 2020-25. These projects are to be taken up by various central departments or state on EPC basis.
It has also been mentioned in a booklet issued by BJP National President JP Nadda. Power Center In Vijayawada on June 6 that the Center is set to set up an integrated steel plant in Cuddapah district in line with its commitment towards the development of Rayalaseema.
An expert committee constituted by the Steel Authority of India Limited found that the locations identified were not suitable for setting up a steel plant, but a task force constituted in its wake found some favorable conditions. Under this, the center is ready to set up a steel plant.
The Center alleged that the state government has not come up with an alternative location for the construction of the port after the proposed Dugarajpatnam port was declared unviable. Several railway projects came to a standstill due to non-payment of state’s share of the total estimated cost of ₹15,847 crore.
Special Financial Assistance has been sanctioned in lieu of Special Category Status (SCS), for which the 14th Finance Commission did not differentiate between the States, but the State has not yet created a Special Purpose Vehicle to avail the package, was repeated.
It was also emphasized that SCS has nothing to do with industrial incentives.
As far as the capital is concerned, the BJP said the Center had given Rs 2,500 crore, but the YSR Congress government messed it up with the impractical idea of three capitals, while N Chandrababu Naidu left it incomplete.
finance
Central Government allows Andhra Pradesh to open market borrowing amounting to ₹19,192 crore (1.90% of GSDP) in 2020-21 over and above the limit of ₹42,472 crore (set as per 15th Finance Commission guidelines). Gave. The state has achieved this by implementing some reforms on the Ease-of-Doing-Business (EoDB) front and in the power sector (such as installing meters for agricultural service connections), the public distribution system (one nation-one ration card) and governance. Qualified for. of urban local bodies.
The state government had proposed to borrow Rs 50,896 crore during the year, but was able to raise Rs 61,664 crore because of the progress it had shown in taking forward the reform agenda of the central government.
It was claimed that the Center has given Rs 2,04,882 crore to Andhra Pradesh from 2014-15 to 2021-22, which is Rs 2,22,010 crore for its share of various taxes and grants during the same period. In addition, the Center provided loans and advances totaling ₹14,094 crore.
Pointing out that this much financial aid has been provided, the BJP noted in the booklet that between 2015 and 2021, the state’s expenditure crossed the ₹7,10,594 crore threshold by ₹41,820 crore, taking the total to ₹7,820 crore between 2015 and 2021. 52,414 crores.
The revenue deficit in 2015-16 was ₹28,010 crore, which increased to ₹1,15,951 crore due to the implementation of various welfare schemes. Amma Vodi.