Harish Rao writes to union Finance Minister, seeks launch of Rs 495 crore wrongly transferred to AP

Finance Minister T Harish Rao stated the Central authorities had launched Rs.495 crore as a part of the Centrally Sponsored Scheme (CSS) share to Andhra Pradesh in 2014-15.

Hyderabad: The Telangana authorities has as soon as once more raised the delay on the centre’s half in releasing Rs.495 crore to the State, which was wrongly transferred to the Andhra Pradesh authorities throughout the formation of Telangana.

In a letter to union Finance Minister Nirmala Sitaraman on Sunday, Finance Minister T Harish Rao stated the Central authorities had launched Rs.495 crore as a part of the Centrally Sponsored Scheme (CSS) share to Andhra Pradesh in 2014-15. Through the first yr after the bifurcation of Andhra Pradesh, grants, particularly below CSS, have been allotted between Andhra Pradesh and Telangana primarily based on the inhabitants ratio.

Nonetheless, these funds have been wrongly transferred to AP and Telangana suffered a monetary loss, he stated.

Since formation of the State, the Telangana authorities has been requesting the union Authorities, the Andhra Pradesh Authorities and the Accountant Common of India to regulate the rightful share of Telangana within the CSS matching grants. The efforts had not borne fruits thus far, Harish Rao stated within the letter.

Requesting Nirmala Sitaraman to personally tackle the injustice meted out to Telangana, Harish Rao stated Telangana was interesting to the Centre to launch these funds since final seven years. In November, he had himself raised the problem with Sitaraman throughout the pre-budget preparation assembly. The Telangana authorities had additionally taken up the matter with the Andhra Pradesh authorities and the Accountant Common however the quantity was but to be adjusted to the State, he stated.