Andhra Pradesh Chief Minister N Chandrababu Naidu meets Union Finance Minister Nirmala Sitharaman ahead of Union Budget presentation

Andhra Pradesh Chief Minister N Chandrababu Naidu Meets Union Finance Minister Nirmala Sitharaman Ahead of Union Budget Presentation

In a crucial meeting held on July 5, Andhra Pradesh Chief Minister N Chandrababu Naidu met with Union Finance Minister Nirmala Sitharaman to discuss the financial challenges faced by the debt-burdened state. With the Union Budget presentation looming, Mr. Naidu pressed for enhanced financial support to address the urgent needs of Andhra Pradesh.

During the meeting at North Block, Mr. Naidu presented a detailed memorandum outlining the state’s financial requirements and the rationale behind the demand for increased allocation. TDP ministers in the Centre were also present to support the Chief Minister’s plea.

Key among Mr. Naidu’s demands were funds for the Polavaram irrigation project, special assistance for backward regions, and support for the development of the new capital, Amaravati. The Chief Minister also sought resolution of pending issues stemming from the bifurcation of the erstwhile Andhra Pradesh.

The meeting holds significance as it comes just weeks before the presentation of the Union Budget 2024-25. Sources indicated that Ms. Sitharaman gave a patient hearing to Mr. Naidu’s concerns and assured him that she will look into Andhra Pradesh’s demands within the broader fiscal constraints.

Mr. Naidu has been vocal about the state’s financial distress and has been seeking increased central support to overcome the fiscal challenges. The Naidu-led Telugu Desam Party, with its 16 Lok Sabha MPs, is a crucial partner of the NDA government led by Prime Minister Narendra Modi.

As the state grapples with mounting public debt and pressing financial needs, the outcome of this meeting could have far-reaching implications for the future of Andhra Pradesh. Stay tuned for more updates on this developing story.
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