Well, the Centre which has not been in favour of the Andhra Pradesh state during the budget sessions, has now turned up to render its help to the projects in Andhra Pradesh namely the Polavaram and NSSF. The Polavaram project has slowed its construction works and so this news is a sure boost to them.
The Polavaram Project that is yet to kick start its works
Centre decided to release a fund of Rs 250 crores for the Polavaram project under this financial year. The Central cabinet made it clear in the press meet that Special Purpose Vehicle (SPV) would be set up until the construction of the huge project is done.
Centre decides to release Rs 549.6 crores for Small Savings Fund
Not only this Centre also decided about the National Small Savings Fund (NSSF) and released a fund of Rs 549.6 crores.
Naidu disappointed with Centre's ignorant attitude
The Centre has been sanctioning these meager amounts only to satisfy a few needs to complete these projects. However, this help could be a relief in the present financial crunch the state is facing.
