Mon, Jan 04, 2016, 07:18 AM
Finance Minister Yanamala Ramakrishnudu said that the State government has formulated new sand policy to benefit the poor. He said tenders would be called for sand auction on January 8 under the new policy. Yanamala pointed out that 1.5 crore cubic metres of sand is available in AP and price of one cubic metre was fixed at Rs 550. He warned to cancel licenses of erring contractors.