Nara Lokesh Celebrates Big Budget Boost for Andhra Pradesh
Amaravati (Andhra Pradesh) [India], July 23: Nara Lokesh, a minister from Andhra Pradesh, expressed his delight over the Finance Ministry’s allocations for the state in the Union Budget 2024. He described it as a ‘new sunrise’ for Andhra Pradesh.
Lokesh, who is the son of Chief Minister and Telugu Desam Party (TDP) chief Chandrababu Naidu, praised the central government’s recognition of the need for a state capital. He mentioned that their ‘struggle’ has been recognized and highlighted the special package provided for industrial growth, infrastructure, irrigation, and human resource development.
Finance Minister Nirmala Sitharaman announced Rs 15000 crore for building the state capital Amravathi in the current financial year. She also committed to the early completion of the Polavaram irrigation project, which is crucial for Andhra Pradesh’s food security.
Additional funds were allocated for essential infrastructure like water, power, railways, and roads, as well as for the Visakhapatnam-Chennai and Hyderabad-Chennai Industrial Corridors. Grants for backward regions of Rayalseema, Prakasam, and North Coastal Andhra were also announced.
The budget announcement comes as the National Democratic Alliance, with TDP as a key partner, has recently been elected to power in Andhra Pradesh.
Doubts Revealed
Nara Lokesh -: Nara Lokesh is a politician from Andhra Pradesh, a state in India. He is the son of the Chief Minister, Chandrababu Naidu.
Union Budget 2024 -: The Union Budget is a financial statement presented by the Finance Minister of India every year. It outlines the government’s revenue and expenditure for the upcoming year.
Finance Minister Nirmala Sitharaman -: Nirmala Sitharaman is the person in charge of managing the finances of the Indian government. She presents the Union Budget and makes decisions about how money will be spent.
Amravathi -: Amravathi is a city in Andhra Pradesh that is being developed as the state’s new capital.
Polavaram project -: The Polavaram project is a large irrigation project in Andhra Pradesh. It aims to provide water for farming, drinking, and electricity generation.
infrastructure -: Infrastructure refers to the basic physical systems of a place, like roads, bridges, and buildings, which are necessary for it to function properly.
industrial corridors -: Industrial corridors are areas planned for industrial development. They have good infrastructure to support factories and businesses.
Chief Minister Chandrababu Naidu -: Chandrababu Naidu is the head of the government in Andhra Pradesh. He is responsible for making important decisions for the state.
