Andhra Pradesh Chief Minister N. Chandrababu Naidu on Sunday expressed gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for allocating an additional ₹4,597 crore as part of the Centre’s tax devolution to the State.
In a message on X, the Chief Minister said the additional funds, along with the State's regular share of Central taxes, which were generally released on the 10th of every month, would provide a significant boost to implementation of development programmes and help accelerate infrastructure projects and welfare initiatives.
The Chief Minister said the Centre's continued support had played an important role in the State's progress and economic growth, and noted that timely release of funds would enable the government to expedite several ongoing projects and strengthen its efforts to achieve long-term development goals.
Mr. Naidu also emphasised that the Centre's cooperation had consistently contributed to the State's overall advancement and would further strengthen its development trajectory in the coming years.
