Andhra Pradesh Government is under severe financial stress. While it is becoming increasingly difficult to meet the regular salaries and pension bills every month, the state government is rolling out new schemes every month. As a result, the government is resorting to loans like never before.
At this juncture, the Central Government has delivered sweet news. The Union Finance Ministry has okayed to release 1850 Crore Rupees towards the Polavaram Project expenses. The previous Chandrababu Naidu government had spent around 5000 Crore Rupees for the Project.
The central government has agreed to release 1850 Crore Rupees for now. The State Government is disappointed as it has expected the Center to release 3000 Crore at least. The State Government is expecting the remaining amount in two installments.
On the other side, it is known that Andhra Pradesh High Court issued a stay on the Project works in the wake of Reverse Tendering controversy.
Follow Mirchi9 on Google NewsThis Week Releases on OTT – Check ‘Rating’ Filter
Hiring Content Writer: We are looking to hire a ‘Telugu’ content writer. Send your sample articles to [email protected]Don't MissInside Story: Who Prepared Pawan Kalyan's Speech?We media usually address Pawan Kalyan as Powerstar while writing film news and as Janasena...Don't MissVenkatesh And Rana Together For Netflix Web SeriesThe dream of Daggubati fans has finally come true as Rana and Venkatesh Daggubati are...Don't MissLove Story All set For Record-Breaking Openings!Love Story starring Naga Chaitanya and Sai Pallavi is undoubtedly the biggest Telugu release post...Don't MissList Of New Titles Premiering On OTT This WeekHere is the list of new titles premiering on top OTT platforms like Netflix, Amazon...Don't MissThree Different Targets For Love Story TrioNaga Chaitanya and Sai Pallavi starrer Love Story is all set to hit the silver...