Nirmala Sitharaman Announces ₹15,000 Crore for the Development of Andhra Pradesh's Capital in Budget 2024
Tuesday, 23 July 2024, 06:32
Budget 2024 Highlights
In her Budget 2024 speech, Finance Minister Nirmala Sitharaman announced a substantial allocation of ₹15,000 crore dedicated to the new capital of Andhra Pradesh.
Key Objectives Behind the Allocation
- This funding aims to enhance infrastructure development in the state.
- It seeks to foster economic growth throughout the region.
- The investment reflects the government's dedication to balanced regional development.
Conclusion
Overall, the allocation of ₹15,000 crore is a positive step toward strengthening the economic foundation of Andhra Pradesh and ensuring sustainable development within the region.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.