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Naidu urges Union Finance Minister to allocate additional ₹5,000 crore under SASCI

by AutoTrendly


Union Finance Minister Nirmala Sitharaman with Andhra Pradesh Chief Minister N. Chandrababu Naidu during a meeting, in New Delhi.

Union Finance Minister Nirmala Sitharaman with Andhra Pradesh Chief Minister N. Chandrababu Naidu during a meeting, in New Delhi.
| Photo Credit: @nsitharamanoffc/X via PTI Photo

Chief Minister Nara Chandrababu Naidu, who visited Delhi on Friday (August 22), met Union Finance Minister Nirmala Sitharaman. The Chief Minister sought financial assistance from the Centre for several developmental initiatives being undertaken in Andhra Pradesh. He highlighted that so far, the State has received ₹2,010 crore under the Special Assistance to States for Capital Investment (SASCI) scheme.

He submitted a representation seeking an additional allocation of ₹5,000 crore for pending capital projects in the State. The memorandum also requested necessary orders on the proposals submitted by the State government for the release of ₹250 crore under the Single Nodal Agency (SNA Sparsh) incentive scheme guidelines for the financial year 2024-25.

Welcoming the Purvodaya scheme announced by the Centre for the integrated development of eastern States, the Chief Minister said Andhra Pradesh would greatly benefit from it. He urged the Centre to finalise the modalities for implementing the scheme at the earliest.



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