New Delhi: The special financial package announced by the Centre for Andhra Pradeshtoday will help the state become self-sufficient, Union Information and Broadcasting Minister Venkaiah Naidusaid.
“Center is treating AP as a special state and a special package has been given & it’s a continuous process till state becomes self sufficient(sic),” the minister said in a tweet.
“Extremely grateful to Prime Minister & Finance minister for giving best possible solution for speedy & all round development of Andhra Pradesh(sic),” he said in another tweet.
Finance Minister Arun Jaitleyannounced the special package for the state at a late night press conference. It includes full funding of Pollavaram irrigation project, tax concessions and a special assistance.
Andhra Pradesh, which financially suffered because of creation of separate state of Telengana in June 2014, will get a railway zone as also all cost incurred on the irrigation part of Pollavaram project from the date it was declared a National Project on April 1, 2014 will be funded by the Centre.