AP FM Says Efforts on to Bring Down Annual Interest Payments by ₹2K Crore

AP FM Says Efforts on to Bring Down Annual Interest Payments by ₹2K Crore

VIJAYAWADA: AP finance minister Payyavula Keshav suggested the AP Legislative Assembly on Thursday that the affirm government is preserving discussions to diminish rates of interest on excessive-assign loans raised earlier. “Efforts are being made to pronounce down interest funds by almost about ₹2,000 crore yearly. The ₹2,000 crore saved every three hundred and sixty five days will enable the federal government to implement quite a lot of schemes more effectively,” Keshav maintained.

Replying to the dialogue on 2026–27 Divulge Rate range, the Finance minister defended the coalition government’s fiscal roadmap while launching a animated attack on the earlier YSRC regime. He asserted that the federal government is dedicated to enforcing welfare and construction schemes effectively. On the proposed Rayalaseema Horticulture Hub, he expressed self assurance that Rayalaseema’s make will at the moment receive global branding on the lines of Araku.

Keshav went on to accuse worn chief minister Y.S. Jagan Mohan Reddy of betraying Rayalaseema. In this regard, he placed ahead of the Dwelling documents regarding the Rayalaseema Rob Irrigation Undertaking.

The minister listed achievements and promises of the coalition government, in conjunction with ₹12,000 crore for Amaravati, ₹15,000 crore for Polavaram, revival of the Visakhapatnam Metal Plant, a Google knowledge centre in Visakhapatnam, a railway zone, job creation for 20 lakh childhood, nationwide highways and railway lines, port and airport growth, drinking water connections, pothole-free roads and enhanced welfare measures.

Read More

Leave a Reply

Your email address will not be published.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

Back To Top