Key Takeaways
- Finance Minister Nirmala Sitharaman announced a Rs 15,000 crore package for Andhra Pradesh to develop the capital and provide grants for backward regions.
- The package aims to fulfill commitments under the Andhra Pradesh Reorganisation Act and provide grants for backward regions.
- The Union Budget 2024-25 presentation in Lok Sabha marked the announcement of the Rs 15,000 crore package.
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.
