Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 12 2016 2016 (12) This

Release of Central Assistance of ₹ 450 crore to the State of Telangana for development of backward areas in terms of provisions under Andhra Pradesh Reorganisation Act, 2014

20-12-2016
  • Contents

In keeping with its commitments to support the development of backward areas of Telangana, the Central Government has provided a further “Special Assistance” of ₹ 450 crore to the state for 2016-17. Andhra Pradesh Reorganisation Act, 2014 entrusts the Central Government to support the programmes for the development of backward areas in the successor States, including expansion of physical and social infrastructure. The Central Government had accordingly released ₹ 450 crore during 2015-16 for the development of 9 backward districts of Telangana. The backward districts which are being supported with this development fund are Adilabad, Nizamabad, Karimnagar, Warangal, Medak, Mahbubnagar, Rangareddy, Nalgoda and Khammam. Cumulatively, the Central Government has so far released ₹ 900 crore to the State for this purpose.

These additional resources from the Central Government would enable the State to devise and implement schemes best suited for mitigation of backwardness and alleviation of poverty. The developmental activities would improve the physical and social infrastructure bringing these districts at par with the more developed districts of the state.

Quick Updates:Latest Updates