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Naidu Seeks ₹5,000 Crore More for Andhra Under Centre’s Capital Investment Scheme

The push highlights Andhra Pradesh’s effort to ease fiscal strain by turning to central support after receiving ₹2,010 crore in initial assistance.

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Overview

  • Chief Minister N. Chandrababu Naidu met Finance Minister Nirmala Sitharaman in New Delhi and formally requested additional funding under the SASCI programme.
  • His representation sought ₹5,000 crore for pending capital projects, noting the state has received ₹2,010 crore so far through the scheme.
  • The state asked for orders to release ₹250 crore under the SNA Sparsh incentive guidelines for FY 2024–25.
  • Naidu welcomed the Centre’s Purvodaya initiative for eastern states and urged quick finalisation of its implementation modalities.
  • During the day-long visit, he also called on 16th Finance Commission chair Arvind Pangariya, accompanied by TDP leaders serving in the Union government.