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As funding from Centre dips, Chandrababu Naidu pitches atmanirbharta for Andhra Pradesh
Politics

As funding from Centre dips, Chandrababu Naidu pitches atmanirbharta for Andhra Pradesh

With funds received from the Centre declining in the first 40 days of this financial year as compared to the corresponding period last year, Andhra Pradesh Chief Minister N Chandrababu Naidu has stressed the need for the state to become self-reliant by improving departmental performance.From April 1 to May 11 this financial year, the central government transferred Rs 12,717 crore to the state – a drop of 26% as compared to the Rs 17,170 crore Andhra Pradesh received during the same period in FY 2024–25. Naidu’s TDP is an NDA partner in the state and the Centre. The CM observed that the state needs to become self-reliant by strengthening its revenue sources: “Central assistance and loans are only meant for initial support, and sustainable growth must be achieved through improved departmenta...