The center admitted in the Lok Sabha on Monday that it had not disbursed its annual allocation of Rs 450 crore in three financial years
Published Date – Monday, 03/04/23 at 10:00pm
The center admitted in the Lok Sabha on Monday that it had not disbursed its annual allocation of Rs 450 crore in three financial years
Hyderabad: The Center admitted in the Lok Sabha on Monday that it has yet to disburse an annual allocation of Rs 450 crore for three fiscal years, totaling Rs 135 crore, to develop underdeveloped areas of Telangana under the Andhra Pradesh Restructuring Act 2014.
In response to a question from BRS member Nama Nageshwara Rao, Finance Minister Pankaj Chaudhary said the Center issued Rs in accordance with Section 94(2) of the AP Restructuring Act and NITI Aayog’s advice. Rs 2,250 crore to be paid in five installments. 4.5 billion rupees. Each district allocated 500 million to the Telangana government for the development of the state’s nine backward districts.
Rs 450 crore will be allocated to the state annually for five years starting from 2015-19 and 2020-21, the minister said. However, this amount has not been disbursed in 2019-20, 2021-22, 2022-23. He said the grant was issued on the advice of NITI Aayog and the certificate of use submitted by the state government and subject to the availability of federal government resources.
Last year, Finance Minister T Harish Rao wrote to Union Finance Minister Nirmala Sitharaman urging her to immediately allocate Rs 900 crore for the development of backward areas, but so far has not heard back from her.
Adilabad, Nizamabad, Karimnagar, Warangal, Medak, Mabbunagar, Rangaredi, Nalgonda and Kanman have been declared as backward areas by the Central.
