budget-2014-2015

Telugu States Andhra Pradesh and Telangana had pinned high hopes on the Union Budget released today. Telangana state has a disappointing budget with no remarkable allotments while Andhra Pradesh state has slightly better allocations but still will be disappointed as there is no announcement of special status and financial aid to cover the deficit budget. Finance Minister Arun Jaitley just made a formal mention that justice will be done to both the states after state division.

What Andhra Pradesh got?

1. Industrial Corridor between Vishakapatnam and Chennai
2. 500 Crores for the proposed AIIMS in AP
3. Center to setup IIT and Agricultural University
4. National academy of customs and excise Academy to come up at Hindupur
5. Krishnapatnam as industrial smart city
6. Measures to Hardware development in Kakinada

What Telangana got?

1. Center to setup Horticulture University.
2. Debt Recovery Tribunal in Hyderabad