Andhra budget mum on loan waiver sop, capital city

Andhra Pradesh finance minister Yanamala Ramakrishnudu on Wednesday presented the TDP government’s first budget with an outlay of Rs1,11,884 crore, but came under fire for making no provision for the farm loan waiver scheme and allocation for the new capital city.

“Lakhs of farmers and women are anxiously waiting to hear about the loan waiver. But this budget has not thrown any light on that aspect. When the loan waiver needs Rs 1.2 lakh crore, there was nothing in the budget and people are very disappointed,” said YSRCP chief and leader of opposition Y S Jaganmohan Reddy.

The finance minister, however, clarified that they have allocated Rs 4,000 crore under plan and another Rs 1,000 crore under non-plan expenditure, to be used exclusively for the loan waiver sop.

But the clarification failed to convince the angry opposition and agriculture experts.

Mammoth AP Budget.
Without any revenue from Hyderabad,Where”ll the money come from?
The finance minister mostly depends on central grants! That shows the hollowness of the budget.


Filed under Uncategorized


YSRCP president and Leader of Opposition Y.S.Jagan Mohan Reddy said that 11 persons were killed after the TDP took over power in Andhra Pradesh.
Speaking in the state assembly on Monday, he said that 119 persons were seriously injured in these incidents.
“We have personally witnessed the sufferings of the family members of these persons,” said Y.S.Jagan.


“As many as 11 persons were brutally killed and 119 persons were seriously injured after TDP government took reins of power in the state. Some of them are still in hospitals undergoing treatment,” said Nani.

“K.Srinivasulu and Devineni Uma are talking about the murder of TDP leader Paritala Ravi that took place about 10 years ago. Immediately after the murder, Chandrababu demanded CBI probe on Y.S.Jagan Mohan Reddy, J.C.Diwakara Reddy and J.C.Prabhakar Reddy. The then chief minister Dr.Y.S.Rajasekhar Reddy immediately ordered the CBI probe. Y.S.Jagan Mohan Reddy was later acquitted in the case. Recently, JC brothers joined TDP. This only means that all the three have no role in the murder. Yet, he is trying to whip up tensions between various castes,” Nani said.

Nani further said, “YSRCP MLA Mustafa was recently attacked and some MPTCs and ZPTCs were kidnapped in the assembly constituency of speaker Kodela Sivaprasada Rao. Yet TDP leader K.Srinivasulu is terming all YSRCP MLAs, who are actually at the receiving end, as dreaded criminals.”

“Chandrababu has back-stabbed late NTR. Should we hold him responsible for NTR’s subsequent death,” he asked.


Filed under Uncategorized

Panel prefers Donakonda to be Andhra Pradeh’s capital

HYDERABAD: Donakonda in Prakasam district is the Sivaramakrishna committee’s choice for the new capital for Andhra Pradesh, highly-placed sources told TOI. The committee prefers multi-locational development of Andhra Pradesh, which means that governmental offices be set up in many cities and not in one city alone, the sources added. But since the Naidu government wants a capital akin to Singapore with concentration of government offices and also a hub for investment, the committee has zeroed on Donakonda where barren land is available. “For a huge city like Singapore a lot of land is required and Donakonda fits the bill,” sources told TOI.

For the record, members of the Sivaramakrishna committee are still touring the state but have already made up their mind. The report is likely to be submitted to the GOI in another ten days. Sources said the committee has identified an axis connecting Srikalahasti in Nellore to Nadikudi in Guntur as the main potential development belt in Andhra Pradesh. This axis will pass through Donakonda.

Vijayawada may not be ideal for capital-Sivaramakrishnan committee member Armour Revi

Land between Vijayawada and Guntur might not be ideal for the building the capital as there was a lot of agricultural land.Coastal area is prone to natural calamities and that angle has to eb studied thoroughly.
Going by their words, the committee appears to be not in favor of capital in bewtween Vijayawad and Guntur.

Loan waiver: Banks in the red

The ambitious farm loan waiver scheme announced by the Telangana and Andhra Pradesh governments has left banks in lurch, with loan recoveries hitting a new low. As farmers have virtually stopped repaying their loans since the announcement of the proposed scheme, the total outstanding has gone up to a whopping Rs 1.37 lakh crore, sources said.

Of the total outstanding Rs 1.37 lakh crore farm loans, Telangana accounts for Rs 49,564 crore. The scheduled banks are the worst-hit with the total outstanding reaching Rs 96,235 crore. The private banks are reeling under the outstanding burden of Rs 16,245 crore, while co-operative banks are gasping with an under-recovery of Rs 11,440 crore.

For dismay of banks, the under-recovery came this year while last year they recorded 95 percent recovery on the farm loans.

“It is a classic case of politics spoiling the system. The farmers were prompt on loan repayment till last year. Now they turned defaulters, pushing themselves into deeper distress even as the governments are not really coming to their help.


Filed under Uncategorized

Naidu to collectors: Toe TDP line


Helping Ruling Party Workers Is Also A Process Of Democracy, Says AP CM

In an advisory that is bound to trigger a controversy, AP chief minister Chandrababu Naidu on Thursday asked district collectors to involve TDP workers in all development activities to help him win next elections too.

“Satisfying political workers of the ruling party is also a process of democracy,” Naidu told the collectors’ conference here, inviting the wrath of YSR Congress Party. “Naidu had turned the collectors’ conference into a party affair,” the opposition party charged, sharply criticizing the CM’s diktat to collectors to honour the word of TDP leaders and workers.

“You may want to follow the rule book. It may be good for you. But, it will send us home packing,” Naidu said leaving the collectors stumped.

Articulating his ‘political mission’ after unveiling government `growth plan’, Naidu said he wanted officials to take party workers along with them in doing ‘good things to society’. “You will not come to our rescue once we lose power.

No official will be around. It is our party workers who will stay with us,” said Naidu.


Filed under Uncategorized

V’wada in seismic zone

GSI Report Raises Doubts Over Its Suitability As Capital

In what could come in the way of Vijayawada-Guntur being considered for building the new capital of Andhra Pradesh, scientists clearly say that the region is a seismically active zone.
A note prepared by the Geological Survey of India’s earthquake geology division, Southern Region, Hyderabad, clearly indicated the seriousness of the issue.

Vijayawada is in tremor zone-MAY 23

Hyderabad: Andhra Pradesh CM designate N. Chandrababu Naidu is said to be keen on developing the Vijayawada belt as his capital zone. But it might not be a good idea as Vijayawada is a seismic zone with the highest risk in the state and, if he persists, it could prove to be quite expensive.

A Geological Survey of India (GSI) report on the seismicity of Vijayawada points out that there are four major sources of quakes within a 150 km radius of Vijayawada city. Geologists suggest that earthquake resistant structures must be built in the agglomeration to tackle quakes.

The Earthquake Geology Division of the GSI had commissioned a seismicity micronization study on the Vijayawada urban agglomeration.


Filed under Uncategorized

‘BABU IS BACK, BUT JOBS ARE GONE’,-but-jobs-are-gone.html?psource=Home-Latest



Filed under Uncategorized

No end to Naidu’s capital woes, rethinks on Vijayawada

HYDERABAD: The confusion over the location of the new capital of Andhra Pradesh has deepened with chief minister Chandrababu Naidu having second thoughts on the Vijayawada-Guntur-region following a thumbs down from the K C Sivaramakrishnan Committee.

The committee has opposed the idea of locating the new capital in the Vijayawada-Guntur region on the grounds that the state government does not own sufficient land there.

Sources said the Sivaramakrishnan Committee members informed Naidu that it would be highly expensive to develop the capital city between Vijayawada-Guntur as most of the land there belongs to private parties and acquiring it would cost the exchequer Rs 50 lakh per acre. The committee cautioned that relying on the Centre for financial help to develop the capital city would not be correct if previous instances are any indication. During the reorganization of Madhya Pradesh, Uttar Pradesh and Bihar, the then NDA government had given only Rs 738 crore to Chhattisgarh, Rs 200 crore to Jharkhand and Rs 438 crore to Uttarakhand for constructing their new capitals.

“The committee made it clear that no government would be able to fund the capital city development which may cost over Rs 1.2 lakh crore as per the AP government estimates,” said a member of the state capital committee. According to him, the Sivaramakrishnan panel suggested to the CM to focus on employment generation which is possible only though industrialization of all districts. “The TDP government should focus on getting more natural gas from the KG basin to boost industrialization of the new state which is likely to face a huge employment crisis due to loss of Hyderabad. This was the advice of the panel,” said the sources.


Filed under Uncategorized