Overview

• The move was decided on Tuesday following orders from Chief Minister N. Chandrababu Naidu, according to a government source quoted by PTI.
• The tranche covers works executed between 2014 and 2019 and is framed as relief for smaller firms hit by long delays.
• The Finance Department is processing the payouts, with funds expected to reach contractors’ accounts within a couple of days, the source said.
• Reports differ on eligibility thresholds, citing either projects below Rs 5 crore or contracts up to Rs 5 lakh.
• The TDP-led government has previously cleared portions of these legacy dues in multiple tranches, the source added.