FM Sitharaman allocates Rs 15,000 crore for Andhra Pradesh infrastructure, development of Amaravati
Finance Minister Nirmala Sitharaman on July 23 said the government will allocate Rs 15,000 crore in FY25 and future years to develop the capital city of Andhra Pradesh and the state's infrastructure. "Our government has made efforts to fulfill the commitments in the Andhra Pradesh Reorganisation Act. Recognising the state's need for capital, we will facilitate special financial support through multilateral agencies. In the current FY, Rs 15,000 crore will be arranged with additional amounts in future years," Sitharaman said while presenting the Union Budget 2024.