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Why Centre differs with AP govt over revenue deficit, capital construction - ABN

Fri, Aug 19, 2016, 09:07 AM
The AP government had submitted proposals to the Central government seeking more than Rs 16,000 crore as revenue deficit and Rs 42,000 crore for capital construction in 5 years. But, the Finance Ministry estimates that the Centre should fill the revenue deficit of Rs 6,000 crore only in which it had already given close to Rs 4,000 crore including latest allocation. The Centre wants to allocate only Rs 2,500 crore for capital construction.
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