“Centre Has Taken Back Rs 1,000 Crore”: Andhra Pradesh Finance Official


Over Rs 300 crore was launched this week beneath another heads however that cash too was not credited

Amaravati:

The Centre has taken again a sum of Rs 1,000 crore it granted beneath totally different heads in current days to the cash-starved Andhra Pradesh authorities, a state Finance division official indicated on Tuesday.

On November 25, the Centre launched Rs 682 crore to Andhra Pradesh as GST compensation, out of Rs 17,000 crore to all states, however the quantity has not reached the state coffers.

Over Rs 300 crore was launched this week beneath another heads however that cash too was not credited.

“In effect, the Centre has taken back about Rs 1,000 crore, adjusting it against some old liabilities dated back to the (state) bifurcation,” a high finance division official mentioned.

Half the IAS officers within the state weren’t paid salaries until date this month, bureaucrats, who didn’t obtain their pay, advised PTI.

“They are making staggered payments in which some have received salary and many have not. We hope it will be cleared this week,” a senior IAS officer mentioned.

Staff of a minimum of 5 departments within the state Secretariat had been but to get their wage for November.

“Pension has been completely stopped so far this month. Teachers working in model schools and Kasturba Gandhi schools also did not get their pay,” official sources mentioned.

With the state authorities exhausting its annual borrowing restrict of Rs 48,000 crore even earlier than the third quarter, no scope was left for open market borrowing.

“We will take up the issue with the Union Finance Ministry as the dispute over pending liabilities has to be resolved by the Centre itself,” the state Finance division official mentioned.

(Except for the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)

Featured Video Of The Day

Decoding NDTV’s Poll Of Exit Polls



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *