Wednesday, February 21, 2024

Release pending funds of Rs 1,800 cr Telangana Govt asks NITI

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The Telangana government requested the NITI Aayog team led by Vice Chairman Suman Kumar Bery to ensure the release of pending funds amounting to Rs 1,800 crore under the Backward Districts Development Grant as per Section 94 (2) of the Andhra Pradesh Reorganization Act, 2014. An official release from the TS government said the NITI Aayog team called on Chief Minister Revanth Reddy who held in-depth discussions on key development issues, policy initiatives and strategies aimed at fostering the state’s progress.  The CM during his meeting with NITI Aayog officials discussed the fair allocation of funds to Telangana. He sought the support of the Centre on preparing a roadmap for developing Hyderabad as a pollution-free urban growth hub.
He also sought support and requested technical assistance for developing the Musi River as per national and international best practices like the Sabarmati River Front and the Namami Gange through the PPP model.

The meeting underscored the significance of cooperative federalism as a guiding principle for effective governance.

Both NITI Aayog and the TS government expressed their commitment to working in tandem to address the challenges facing the state, it said.

The Chief Minister highlighted the state’s development priorities and key areas that required special attention.

NITI Aayog officials actively engaged in discussions to understand the specific needs of Telangana and explore avenues for comprehensive development.

Discussions included the fair allocation of Central funds and resources to the state for various development projects.

The CM also requested the team to consider the increased state allocations by the 16th Finance Commission, besides seeking funds for developing infrastructure in the health and education sectors.

The NITI Aayog requested the state’s participation in the Governing Council Meetings for better collaborations and achieving their shared vision.

The Chief Minister also assured support for all NITI Aayog initiatives, the release added.

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