Rs 4,403 cr for AP

andhra-pradeshCentral Government has released a special assistance of Rs 4403 crore to AP during 2014-2015 – Rs 350 crore at the rate of Rs 50 crore per district for 7 backward districts in Rayalaseema and North Coastal
region, Rs 2303 core for bridging resource gap, Rs 1500 crore for construction of Raj Bhavan and for infrastructure in the new capital. Rs 250 crore for Polavaram irrigation project forms part of the release. A tax incentive has also been provided. Having regard to the resource availability, the Central Government is required to make appropriate grants and also provide adequate benefits and incentives
in the form of special assistance to the backward areas of States.

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