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Kurnool: The financial position of Andhra Pradesh is under severe stress, with a major share of revenue being spent on salaries and pensions, finance minister Payyavula Keshav said on Saturday. Addressing officials at a budget outreach programme in Nandyal, he said nearly 99 per cent of the state's revenue was being utilised for salaries and pensions. The expenditure stood at about 88 per cent till February but rose to 99 per cent after March figures were included. He noted that expenditure ha ...Read More >
VIJAYAWADA: Accusing former Chief Minister and YSRCP president YS Jagan Mohan Reddy of conspiring to damage the brand of Andhra Pradesh, Finance Minister Payyavula Keshav urged Chief Minister N Chandrababu Naidu to register cases against Jagan, and his associates considering their conspiracy as nothing but sedition. He said the YSRCP leaders tried to obstruct the development and welfare with the vengeance that the people of the State did not vote them to power in the last elections. Speaking t ...Read More >
Anantapur: State finance minister Payyavula Keshav emphasised the need for real-time GST data access across states to effectively curb tax evasion and implement best practices using Artificial Intelligence and inter-departmental coordination. He was speaking during a virtual meeting of the Committee of Ministers on GST Reforms, formed by the Central government. The prestigious committee met virtually on Friday, with the session chaired by Goa Chief Minister Dr Pramod Sawant, from the NIC buildi ...Read More >
Story so far: Andhra Pradesh and Telangana are once again embroiled in a water dispute, this time over the Banakacherla project. The ambitious project which will link the Godavari and Krishna River basins via reservoirs, canals, and lift irrigation scheme is Andhra Pradesh Chief Minister N. Chandrababu Naidu's pet project, first envisioned in 2014 after the bifurcation of Andhra and Telangana. With Mr. Naidu again at the helm in Andhra, he seeks speedy construction of the project, but faces toug ...Read More >
Vijayawada: Chief Minister Nara Chandrababu Naidu on Thursday directed officials to focus on capital expenditure and use Central funds for the purpose. Conducting a comprehensive review of the State Finance Department at his camp office on Thursday, the Chief Minister also instructed the officials to prioritize such high-impact projects. Highlighting the importance of capital investment, the Chief Minister stated that in addition to the welfare programmes, greater emphasis must be placed on cap ...Read More >
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