What is the rationale behind Andhra Pradesh CM's request for enhanced financial aid to the debt-ridden State
Andhra Pradesh CM Chandrababu Naidu presses for enhanced financial aid for the debt-ridden State from Union Finance Minister Nirmala Sitharaman.
- Andhra Pradesh has been facing a severe financial crisis due to the bifurcation of the state in 2014, resulting in loss of revenue.
- CM Naidu has highlighted that the state's debt burden has increased significantly, affecting its ability to fund infrastructure and development projects.
- With limited resources, the state government is struggling to meet its financial obligations and provide essential services to its citizens.
- By seeking enhanced financial aid from the Union government, CM Naidu aims to address the state's urgent financial needs and stimulate economic growth.
- This request is crucial for ensuring sustainable development and improving the overall well-being of the people of Andhra Pradesh.
Answered
10 months ago