Monday, July 8, 2024

CM seeks PM’s support Naidu highlights challenges faced by state after bifurcation

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Chief Minister Nara Chandrababu Naidu met Prime Minister Narendra Modi at the latter’s residence in New Delhi on Thursday. Naidu congratulated PM Modi on his election to a third consecutive term and expressed confidence in his leadership. He noted that the recent NDA coalition victory represents a significant mandate from the people of Andhra Pradesh, reflecting their trust in the Union government.
CM Naidu highlighted the ongoing challenges faced by Andhra Pradesh as a result of the 2014 bifurcation, which was exacerbated by poor governance under the previous administration. He pointed out that the State’s fiscal situation has deteriorated due to the previous government’s mismanagement and lack of strategic development planning. This has led to a decline in growth, revenue receipts, and an increase in liabilities.
Naidu said that Andhra Pradesh is struggling with severe financial constraints, as committed expenses such as salaries, pensions, and debt servicing exceed the State’s revenue.
This has left no room for productive capital investment. The situation has worsened due to indiscriminate borrowing and mismanagement of state finances by the previous administration.
The meeting concluded positively, with a focus on achieving beneficial outcomes for Andhra Pradesh.
Earlier in the day, CM Naidu, along with Andhra Pradesh ministers and MPs, paid tribute to the portrait of Manyam Veeru Alluri Seetharamaraju on his birth anniversary in Delhi.
Additionally, CM Naidu met with several Union Ministers, including Amit Shah, Piyush Goyal, Nitin Gadkari, and Dr. Arvind Panagariya, Chairman of the 16th Finance Commission. He also had meetings with Union Ministers Manohar Lal Khattar and Hardeep Singh Puri.

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