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Showing posts with the label Chandrababu Niadu

Andhra Pradesh Growth Story How State Considerably Improved Its Revenue after Bifurcation

The question is whether the revenue growth will sustain, and how to add the revenue capacity to the state. Following the bifurcation of Andhra Pradesh in 2014, the newly-formed state of Andhra Pradesh comprising coastal Andhra and Rayalseema regions was faced with a major challenge: Hyderabad, the major source of revenue for united AP went to Telangana, and newly-formed AP had to figure out how to generate enough revenue and survive as an independent state. And if the AP budget 2017-18 is anything to go by, CM Chandrababu Naidu and his team seem to have done a good job of improving the revenue.   Before we review the revenue performance of Andhra Pradesh from Budget FY2017–18, it is worth recollecting this statement by Yanamala Ramakrishnudu, the Finance Minister of Andhra Pradesh during the FY 2015–16 Budget Speech. “The State continues to reel under revenue deficit and this deficit continues even after the last year of the award of 14th Finance Commission. Our debt b

Andhra Pradesh CM Chandrababu Naidu launches Fiber Grid Project in Vizag

The AP FiberNet will give connection at Rs.149 per month for an 15 Mbps line to 1.3 crore households. Officials will get 100 Mbps connection at Rs.999 per month. Andhra Pradesh will usher in a revolution in the form of knowledge power, said Chief Minister N. Chandrababu Niadu launching Fiber Grid Project in Visakhapatnam on Thursday. It will be a trend-setter and is the first step towards that, said the Chief Minister. He said that smart classrooms will be a reality, and e-learning will be make studying easy. After launching the Fiber Grid project being implemented at a cost of Rs.333 crore, the Chief Minister spoke to students of Parawada Zilla Parishad School. A 10th Standard student Prasanti, said net connectivity will help them study well. The officials also showcased its usefulness in the field of Telemedicine by connecting the Primary Health Centre of Sabbavaram with doctors of King George Hospital here. "Its amazing to watch. Andhra Pradesh is pio