Minister Rajendranath claimed it was significant that the Union government determined to proceed the 50-year interest-free lending to state federal governments with Rs 1.3 lakh crore assigned in the budget plan.
Facebook/Buggana Rajendranath Reddy
Andhra Pradesh Finance Minister Buggana Rajendranath called the Union Budget 2023 valuable and also asked the state federal governments to interact and also establish their national politics apart. Addressing the media in Vijayawada on Wednesday, February 1, the Minister mentioned that the budget plan was valuable at the present time as the country had actually experienced as a result of the COVID-19 pandemic for 2 years.
Talking concerning the allowances under different industries, the Minister claimed it was significant that the Union government determined to proceed the 50-year interest-free lending to state federal governments with Rs 1.3 lakh crore assigned in the budget plan. He included that the AP government suggested the Urban Infrastructure Development Fund (UIDF) in pre-budget conferences. “AP government proposed a UIDF similar to the Rural Infrastructure Development Fund (RIDF). I can proudly say that because of AP, the whole country will benefit through this programme.” He included that the budget plan showed up to favour framework jobs greater than food and also farming. “Since we did not get state-by-state budget plan authorizations, we have actually not yet evaluated it. The FM has actually revealed financing for the Upper Bhadra Dam inKarnataka As the Tungabhadra river moves with our state, our company believe we have to examine exactly how the task makes use of water,” he mentioned.
Meanwhile, Telugu Desam Party (TDP) nationwide representative K Pattabhi Ram valued the budget plan from a nationwide viewpoint yet claimed it was frustrating from a state viewpoint. Pattabhi Ram kept in mind that the brand-new tax obligation piece decreased the tax obligation worry on the typical individual by raising the revenue tax obligation discount limitation to Rs 7 lakh from Rs 5 lakh. He admired the Union government’s initiatives to advertise and also assign funds for environment-friendly power. .
He criticised the state government, asserting that AP CM Jagan Mohan Reddy fell short to get any kind of financing for the state. “Karnataka has actually gotten an amount of Rs 5,300 crore for drought-prone locations. There are areas in AP that are vulnerable to dry spell. This is CM’s failing. Jagan takes a trip to Delhi regularly yet does not return with advantages for AP. He was not able to apply stress on the Union government,” he claimed.
Talking concerning the allowances under different industries, the Minister claimed it was significant that the Union government determined to proceed the 50-year interest-free lending to state federal governments with Rs 1.3 lakh crore assigned in the budget plan. He included that the AP government suggested the Urban Infrastructure Development Fund (UIDF) in pre-budget conferences. “AP government proposed a UIDF similar to the Rural Infrastructure Development Fund (RIDF). I can proudly say that because of AP, the whole country will benefit through this programme.” He included that the budget plan showed up to favour framework jobs greater than food and also farming. “Since we did not get state-by-state budget plan authorizations, we have actually not yet evaluated it. The FM has actually revealed financing for the Upper Bhadra Dam inKarnataka As the Tungabhadra river moves with our state, our company believe we have to examine exactly how the task makes use of water,” he mentioned.
Meanwhile, Telugu Desam Party (TDP) nationwide representative K Pattabhi Ram valued the budget plan from a nationwide viewpoint yet claimed it was frustrating from a state viewpoint. Pattabhi Ram kept in mind that the brand-new tax obligation piece decreased the tax obligation worry on the typical individual by raising the revenue tax obligation discount limitation to Rs 7 lakh from Rs 5 lakh. He admired the Union government’s initiatives to advertise and also assign funds for environment-friendly power. .
He criticised the state government, asserting that AP CM Jagan Mohan Reddy fell short to get any kind of financing for the state. “Karnataka has actually gotten an amount of Rs 5,300 crore for drought-prone locations. There are areas in AP that are vulnerable to dry spell. This is CM’s failing. Jagan takes a trip to Delhi regularly yet does not return with advantages for AP. He was not able to apply stress on the Union government,” he claimed.
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