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Jagan invites Modi to launch Rythu Bharosa

06-10-201906-10-2019 10:17:30 IST
2019-10-06T04:47:30.378Z06-10-2019 2019-10-06T04:47:23.165Z - - 10-04-2020

Jagan invites Modi to launch Rythu Bharosa



Andhra Pradesh Chief Minister Jaganmohan Reddy called on Prime Minister Narendra Modi on Saturday in New Delhi and briefed him on challenges that Andhra Pradesh is facing currently. Jagan also discussed the issue of pending funds from centre towards the state and requested Modi to take steps to ensure the funds are disbursed at the earliest.


Andhra Pradesh's is facing a heavy debt burden and is estimated to be Rs 2,58,928 crore in debts by the end of the 2019 fiscal, as per the state government.


Jagan reminded the PM that the previous government in its vote-on-account budget, presented in February this year, had estimated release of Rs 61,071 crore from the Centre towards grant-in-aid for various schemes.

“Our government also mentioned the same in our full-fledged budget for 2019-20. However, the Centre has so far released only Rs 6,739 crore. We need to clear pending bills worth Rs 50,000 crore for various works done by the previous government. So, we request the Centre to release at least Rs 40,000 crore for the development of the state,”

During the meeting, Jagan also explained as to why his government had to go for reverse tendering of the contracts of Polavaram and how it helped the government save Rs 838 crore in the process. 

Reddy is also believed to have invited Modi for the launch of farmer welfare scheme Rythu Bharosa' under which the state government would give Rs 12,500 to each farmer annually. The scheme was the YSR Congress' poll promise.

Sharat Bhamidi

With 5 years of experience in Digital Media, Sharat Bhamdi specialises in creating content for webistes, developing ad campaigns and social media campaigns. At NewsSting, he handles the video division where he brings in content through feature videos and interviews.
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