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AP CM Jagan Meets FM Sitharaman, Urges Her To Increase State Credit
In his meeting with the finance minister, the CM informed that the credit limit of the State has been reduced to Rs 17,923 crore from Rs 42,472 crore in 2021-22
Photo Credit : ANI
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy called on Union Finance Minister Nirmala Sitharaman in New Delhi on Thursday and requested her to increase the state’s credit limit. He also urged the FM to release the pending National Rural Employment Guarantee Act (NREGA) dues to the tune of Rs 2,500 crore to the state.
In his meeting with the finance minister, the CM informed that the credit limit of the State has been reduced to Rs 17,923 crore from Rs 42,472 crore in 2021-22 for no fault of the government and urged her to enhance it immediately. He also urged Sitharaman to release the pending amount of Rs 36,625 crore under Resource Gap Funding for fiscal 2014-15 to the State.
Jagan also requested Sitharaman to release the pending amount of Rs 36,625 crore under Resource Gap Funding for fiscal 2014-15 to the State, sanction Rs 10,000 crore immediately on an ad-hoc basis to expedite the construction of the Polavaram Project and another Rs 2,020 crore to fill the scourge pits formed at the main dam site due to the washing away of diaphragm wall in the flash floods.
He asked the Centre to take measures to ensure that the Telangana government clears Rs 7,058 crore outstanding dues from the TS Discoms to APGENCO for the power supplied between 2014 and 2017.