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The Hindu
The Hindu
National
Sambasiva Rao M.

Andhra Pradesh govt. using revenue deficit grant by Centre to clear dues of small contractors, says YSRCP leader

The Andhra Pradesh government is utilising ₹10,461 crore, which was released by the Union government under the revenue deficit grant fund for the 2014-15 financial year, to clear all small bills of contractors below ₹5 lakh as per the A.P. Reorganisation Act, 2014, a senior leader of the ruling YSR Congress Party (YSRCP) has said.

The contractors whose bills are yet to be cleared can expect payment in the next phase, he said.

The YSRCP leader, during a discussion, hinted that the government would get an additional ₹4,000 crore from the Central government through other provisions.

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