N Chandrababu Naidu Seeks Central Support Ahead of Union Budget
Ahead of the Union Budget presentation, Andhra Pradesh CM N Chandrababu Naidu met Union Finance Minister Nirmala Sitharaman, pressing for financial support for the debt-ridden state. He highlighted urgent projects needing central assistance and sought resolution of issues from the state's bifurcation.
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In a significant prelude to the Union Budget presentation, Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday engaged in discussions with Union Finance Minister Nirmala Sitharaman, urging for enhanced financial support to alleviate the state's debt burden.
During the encounter, Naidu outlined the financial necessities and ongoing projects in the state that require immediate central aid. 'The CM submitted a comprehensive memorandum detailing the state's financial needs and justifications for increased allocation,' disclosed sources privy to the discussions.
Accompanied by TDP ministers, Naidu also conferred with Defence Minister Rajnath Singh and Health Minister J P Nadda. The public debt in Andhra Pradesh has surged from 31.02 per cent of the GSDP in 2019-20 to 33.32 per cent in 2023-24, reflecting a deteriorating fiscal scenario.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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