Expenditure funds of Telangana, Seemandhra approved

Bifurcation process moves forward

 
By M Suchitra
Last Updated: Saturday 04 July 2015

Andhra Pradesh governor E S L Narasimhan has approved the authorisation of expenditure funds of  Telangana and Seemandhra, the residual Andhra Pradesh states. The funds are for a period of four months from June 2, the day the new state of Telangana officially comes into existence.

According to a press communiqué issued by the press secretary to the governor, the decision was taken in a high-level meeting on Andhra Pradesh bifurcation held at Rajbhavan in Hyderabad on May 18. Of the Rs 34,595 crore approved for Andhra Pradesh, Rs. 28,626 crore is the
revenue budget while Rs 3,882 crore is the capital budget. Similarly, of Rs 26,516 crore approved for Telangana state, Rs 21,295 crore is the revenue budget and Rs 3,046 crore is the capital budget.

Chief secretary P K Mohanty has informed that the bifurcation of files and the process of digitalisation have been completed, besides bifurcation of movable, immovable assets and vehicles between the new states.

All committees constituted for the bifurcation process have submitted their recommendations and their reports would be sent to the Centre, he said.

Subscribe to Weekly Newsletter :

Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.