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HomeTelanganaHarish Rao seeks release of Rs 495 crore wrongly transferred to AP

Harish Rao seeks release of Rs 495 crore wrongly transferred to AP

The Telangana government has raised the issue of the centre’s delay in releasing Rs.495 crore to the state, which was incorrectly transferred to the Andhra Pradesh government during Telangana’s formation.

Finance Minister T Harish Rao said in a letter to Union Finance Minister Nirmala Sitaraman on Sunday that the Central government had released Rs.495 crore to Andhra Pradesh as part of the Centrally Sponsored Scheme (CSS) share in 2014-15. During the first year following Andhra Pradesh’s bifurcation, grants, particularly under CSS, were allocated based on population ratios between Andhra Pradesh and Telangana.

However, these funds were incorrectly transferred to AP, resulting in a financial loss for Telangana, he claimed. Since the formation of the state, the Telangana government has requested that the Union Government, the Andhra Pradesh Government, and the Accountant General of India adjust Telangana’s rightful share of CSS matching grants. Harish Rao stated in the letter that his efforts had so far yielded no results.

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Harish Rao, in requesting that Nirmala Sitaraman personally address the injustice meted out to Telangana, stated that Telangana has been appealing to the Centre for the release of these funds for the past seven years. During the pre-budget preparation meeting in November, he raised the issue with Sitaraman. The Telangana government had also raised the issue with the Andhra Pradesh government and the Accountant General, he said, but the amount had yet to be transferred to the state.

BJP ruled states far away from Telangana in per capita income

T Harish Rao also stated that Telangana’s per capita income was far higher than that of the BJP-ruled states. For example, while Telangana has a per capita income of Rs 2.78 lakh, Uttar Pradesh has a per capita income of only Rs 70,000. Not only Uttar Pradesh, but many BJP-ruled states lag behind Telangana in terms of growth, said Harish Rao, in response to the BJP’s double engine mantra.

 

 

 

 

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