Mon, Aug 08, 2016, 08:17 AM
Highly placed sources said that the Central government will announce special package for AP within a week. As part of package, the Centre will set up an Industrial Development Fund with exemptions like excise duty. Union Minister Sujana Chowdary said that the Centre likely to grant Rs 10,000 crore each in three phases. The Modi government will give an assurance of completing all formalities related to JICA so that AP can get loans quickly and repay after 12 years.