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Friday, May 15, 2026

FM announces Rs 15,000 cr package for Andhra

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a special financial package of Rs 15,000 crore as she presented the Union Budget 2024-25 in Lok Sabha.

Announcing the package, Sitharaman said that concerted efforts would be made to fulfill the commitments under the Andhra Pradesh Reorganisation Act, and Rs 15,000 crore will be arranged in the current financial year to develop the capital of Andhra Pradesh.

She said that grants for backward regions will also be provided as per the Andhra Pradesh Reorganisation Act.

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