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Special Package Comes to the Rescue of AP

Special Package Comes to the Rescue of Andhra PradeshCentral Government has decided to exempt Externally Aided Projects of Andhra Pradesh from the state’s FRBM limit. Usually the state governments give a guarantee to such loans but in this case, the center will give a counter guarantee and prevent the burden on the state.

This will ensure easy loan processing for major projects like Amaravati and Metro Rail Projects. Center’s Guarantee will also ensure that the approvals will be given easily. Center has agreed to compensate the loss of Special Status with an equivalent amount of EAPs.

This is the biggest benefit of the Special Status. World Bank will be funding 4749 Crore for Amaravati which will be the biggest boost for the Capital Construction. This is also an Externally Aided Project and will be given counter guarantee by the Center.Nagarjuna Akkineni Behind Sumanth DivorceDon’t MissNagarjuna Behind Akkineni Hero’s Divorce?Whenever Sumanth comes out to give interviews or for media interactions, one question on his…Ram-Charan--Laziest-Star-Hero-of-2017-in-TeluguDon’t MissLaziest Star Hero of 2017 in TeluguDon’t go by the literal meaning of the title rather think about the one-star hero…US-BO-It-Nani-MCA-Vs.-Vikram-Kumar-Hello-MovieDon’t MissUS BO: It’s Nani Vs Vikram KumarWhile Akhil may prove to be a factor in the Telugu states due to the…Pawan Kalyan - MLA RojaDon’t MissPawan Kalyan’s 400 Cr Package with TDP!Roja has become the official spokesperson of YSRCP who seems to be the first one…MLA roja on Pawan Kalyan Gundu ControversyDon’t Missపవన్ కళ్యాణ్ కి గుండు కొట్టించింది నిజమే – రోజాబండ్ల గణేష్ తో ఇటీవలే జరిగిన వివాదం వాళ్ళ కావొచ్చు మరొకటి కావొచ్చు, వైకాపా ఎమ్మెల్యే రోజా పూర్తిగా పవన్…