Sunday, April 20, 2025
More
    HomeTelanganaBhatti requests central funds to strengthen state finances

    Bhatti requests central funds to strengthen state finances

    Related stories

    Telangana Intermediate results to be announced on April 22

    Hyderabad: The Telangana Board of Intermediate Education (TGBIE) has...

    TOMCOM signs agreements with Japanese agencies

    Hyderabad / Tokyo: The Telangana Overseas Manpower Company Ltd....
    -Advertisement-

    Telangana Deputy CM Requests Funds from Centre

    Deputy Chief Minister of Telangana, Mallu Bhatti Vikramarka, has urged the Central government to release funds to support the state’s financial situation.

    - Advertisement -

    During a meeting with Union Finance Minister Nirmala Sitharaman at her residence in New Delhi, he requested the restructuring of debts of various corporations and Special Purpose Vehicles (SPVs). He also asked for guidelines to be issued to financial institutions regarding this matter.

    Bhatti pressed for the repayment of ₹4,08,48,54,461, which is due to the Telangana government. He also sought a special relief fund for the backward districts of Telangana under the Andhra Pradesh Reorganisation Act, 2014. Additionally, he pointed out an allocation error in Centrally sponsored schemes for the financial year 2014-15 and requested its correction.

    - Advertisement -
    Also read:  Telangana Chief Minister Revanth Reddy asks officials to stay alert as heavy rains hit Hyderabad

    Another key request was the refund of ₹208.24 crore under the Andhra Pradesh Reorganisation Act, 2014. Bhatti also asked for the settlement of pending dues between Andhra Pradesh and Telangana power utilities, including dues from Andhra Pradesh Power Finance Corporation to Telangana Power Finance Corporation.

    The Deputy Chief Minister was accompanied by Special Chief Secretary Ramakrishna Rao, Resident Commissioner Gaurav Uppal, and Members of Parliament Mallu Ravi, Chamala Kiran Kumar Reddy, Balaram Nayak, among others.

    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here