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Home News News and Press Release Month 4 2015 2015 (4) This

Central Government Provides Financial Support worth ₹ 2303 Crore to Andhra Pradesh to Bridge Resource Gap of Financial Year 2014-15; Balance amount of ₹ 1803 Crore Released on 31.3.2015 for the Purpose

1-4-2015
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In pursuance to Section 46(2) of the Andhra Pradesh Re-organisation Act 2014. The Ministry of Finance, Government of India has decided to provide financial support of ₹ 2303 crore to Government of Andhra Pradesh to bridge the resource gap of the Financial Year 2014-15. Ministry of Finance had earlier released an amount of ₹ 500 crore as an adhoc grant to bridge the resource gap. Now, an additional/balance amount of ₹ 1803 crore has been released for this purpose on 31st March, 2015.

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