State Finance Minister Buggana Rajendranath Reddy met Union Finance Minister Nirmala Sitharaman and Minister of State for Finance Anurag Thakur in New Delhi on Thursday and requested them to release funds that are due to the State, at the earliest. He also sought grant of Special Category Status to the State.
Polavaram costs
Speaking to the media later, Mr. Rajendranath Reddy said he sought the expenditure incurred on the Polavaram project and R&R package to be reimbursed without further delay and GST compensation amounting to over ₹3,000 crore to be released to help the State in overcoming the crisis precipitated by COVID.
He also requested Mr. Sitharaman to support the State government in the establishment of Kadapa steel plant and the construction of the Ramayapatnam port.
Mr. Rajendranath Reddy said Ms. Sitharaman responded positively to the requests made by him and Home Minister Amit Shah promised to Chief Minister Y.S. Jagan Mohan Reddy to bail out the State, during their deliberations.
A letter from the Editor
Dear reader,
We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.
Support Quality Journalism
A letter from the Editor
Dear subscriber,
Thank you!
Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.
The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.
We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.
Suresh Nambath
