Somireddy Chandramohan Reddy Praises Union Budget and Criticizes Jagan Mohan Reddy
Amravathi (Andhra Pradesh) [India], July 23: Telugu Desam Party leader Somireddy Chandramohan Reddy expressed his happiness over the Union Budget announced by Finance Minister Nirmala Sitharaman. Reddy said, “We are happy and welcome the budget announcement by Union Finance Minister Nirmala Sitharaman.”
Reddy criticized former Andhra Chief Minister and YSRC Party President Jagan Mohan Reddy, accusing him of damaging the state’s reputation in Delhi. He contrasted this with Chandrababu Naidu’s efforts to seek financial assistance for the state’s welfare and development.
Reddy was pleased with the central government’s recognition of Andhra Pradesh’s need for capital and the allocation of Rs 15,000 crore for building the state capital, Amravathi. In her budget speech, Sitharaman confirmed this allocation and emphasized the government’s commitment to fulfilling the Andhra Pradesh Reorganisation Act’s promises.
Sitharaman also highlighted the central government’s dedication to the early completion of the Polavaram irrigation project, which is crucial for Andhra Pradesh’s farmers and the country’s food security. Additionally, funds will be provided for essential infrastructure like water, power, railways, and roads to promote industrial development.
The Finance Minister announced extra allocations for capital investment in the Visakhapatnam-Chennai Industrial Corridor and the Hyderabad-Chennai Industrial Corridor. Grants for the backward regions of Rayalseema, Prakasam, and North Coastal Andhra will also be provided.
The budget announcement comes as the National Democratic Alliance, with the Telugu Desam Party as a key partner, has recently been elected to power in Andhra Pradesh.
Doubts Revealed
Somireddy Chandramohan Reddy -: He is a leader from the Telugu Desam Party, a political party in Andhra Pradesh, India.
Union Budget -: This is a financial statement presented by the government of India, detailing its expected revenue and expenditure for the upcoming year.
Nirmala Sitharaman -: She is the Finance Minister of India, responsible for presenting the Union Budget.
Rs 15,000 crore -: This is a large amount of money, specifically 15,000 crore rupees, allocated for building the capital city of Andhra Pradesh, Amravathi.
Amravathi -: It is the planned capital city of the Indian state of Andhra Pradesh.
Jagan Mohan Reddy -: He is the former Chief Minister of Andhra Pradesh, a state in India.
Polavaram project -: This is a large irrigation project on the Godavari River in Andhra Pradesh, aimed at providing water for agriculture and drinking.
infrastructure -: These are the basic physical systems of a country, like roads, bridges, and buildings, needed for the economy to function.
industrial development -: This refers to the growth and expansion of industries, which are businesses that produce goods or services.
