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The Centre has announced its decision to give special assistance of ₹1,976.50 crore to Andhra Pradesh during 2016-17.
This is part of its commitment to the people and to compensate the financial impact of the bifurcation of the State of Andhra Pradesh.
The amount includes ₹1,176.50 for resource gap, ₹350 crore for the development of 7 backward districts covering Rayalaseema and North Coastal region and ₹450 crore as assistance for the capital city of Amaravati.
Total sanction Thus, with the current sanction of funds, the Centre has so far provided assistance of ₹8,379.50 crore to Andhra Pradesh.
This includes ₹4,403 crore released during 2014-15 and ₹2,000 crore released during 2015-16 in terms of the provisions under the Andhra Pradesh Re-organisation Act, 2014.
The Act entrusts the Centre to make appropriate grants in the form of special assistance to the backward areas of successor States, provide assistance for creation of new capital of Andhra Pradesh and to aid in bridging the resource gap arising post-bifurcation.
Funds break-up Accordingly, cumulatively from the enactment of the Re-organisation Act on June 2, 2014 till 2016-17, ₹3,979.50 crore has been released to the successor State of Andhra Pradesh for bridging the resource gap for the financial year 2014-2015, ₹1,050 crore for the development of 7 backward districts covering Rayalaseema and North Coastal region and ₹2,500 crore as assistance for the capital city.
The latter includes ₹1,000 crore released by the Union Ministry of Urban Development for sewerage and drainage schemes at Guntur and Vijayawada cities respectively and ₹850 crore released up to 2015-16 for the Polavaram multi-purpose irrigation project, among others.
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