The fate of Polavaram Project which is the lifeline of Andhra Pradesh now hangs in balance. Union Jal Shakti Ministry recently wrote the Union Finance Ministry for the release of additional funds to the tune of 4,000 Crore Rupees for the Project.
The Finance Minister replied that the Center will only fund 20,000 Crores according to the earlier cabinet resolution and rejected the request. The Central Government has already released funds to the tune of 20,000 Crores. That means no funding further.
This may be the end of Polavaram dream as the State Government is cash-strapped with different priorities. The Project is likely to cost around 55,000 Crore including R&R package. No way, the state can afford so much of money without the assistance of the Central Government.
The Project works have already slowed down significantly ever since YS Jagan Mohan Reddy assumed power in Andhra Pradesh in 2019. The State Government will need to fight a legal battle against the Center if it really has the guts to take on Modi and Amit Shah.
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...