Finance Minister Sitharaman announced several measures for Andhra Pradesh's development. These include Rs 15,000 crore for the capital city's development, over Rs 3 lakh crore for schemes benefiting women and girls, and a commitment to complete the Polavaram irrigation project. The government also promised backward region grants for three districts.
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NewsTranscript
00:00Andhra Pradesh Reorganization Act, for promoting industrial development, funds will be provided for essential infrastructure.
00:09Additional allocation will be provided this year towards capital investment for economic growth.
00:17Andhra Pradesh Reorganization Act.
00:22Our government has made concerted efforts to fulfill the commitments in Andhra Pradesh Reorganization Act.
00:32Recognizing the state's need for capital,
00:45we will facilitate special financial support through multilateral development agencies.
00:56In the current financial year, 15,000 crore rupees will be arranged with additional amounts in future years.
01:14Our government is fully committed to financing and early completion of the Polavaram irrigation project,
01:24which is the lifeline for Andhra Pradesh and its farmers.
01:33This will facilitate our country's food security as well.
01:40Under the Andhra Pradesh Reorganization Act, for promoting industrial development,
01:50funds will be provided for essential infrastructure such as water, power, railways and roads
01:59in Kopparthi node on the Vishagapatnam-Chennai Industrial Corridor
02:06and Varavakal node on the Hyderabad-Bangalore Industrial Corridor.
02:12And additional allocation will be provided this year towards capital investment for economic growth.
02:22Grants for backward regions of Rayalaseema, Prakasham, North Coastal Andhra, as stated in the Act, will be provided.
02:33PM Awas Yojana
02:38Three crore additional houses under the PM Awas Yojana
02:47in rural and urban areas in the country have been announced for which the necessary allocations are being made.
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