Andhra Pradesh Chief Minister N Chandrababu Naidu today termed the Union Budget as "growth and development oriented" and hailed the priority accorded to infrastructure building. "The Union Budget, presented by Finance Minister Arun Jaitley, denotes a positive trend. It is growth and development oriented. Top priority has been accorded to infrastructure building with a foresight," Naidu said here. The Union Finance Minister had an onerous task of setting right a bad economy that was "inherited" from the previous Congress-led UPA government, he said. "The Finance Minister has the responsibility of turning the economy positive that was on a reverse trend (during the UPA rule) and he tried to do the same," the AP Chief Minister said. Hailing the new initiatives announced in the Budget, the AP Chief Minister said that the proposed Visakhapatnam-Chennai Industrial Corridor would help Andhra Pradesh emerge as a developed state like Gujarat. "The Hardware Park proposed at Kakinada will address unemployment and provide jobs to scores of local youths. Premier institutions like AIIMS and IIT announced in the Budget will make AP a knowledge society," Naidu said. The Chief Minister also welcomed the decision to enhance income tax exemption limit for employees, women and senior citizens. 

Telangana CM disappointed over Union Budget Hyderabad, July 10 (PTI) Telangana Chief Minister K Chandrasekhar Rao accused the Centre of not doing justice with the newly-formed state in the Union budget and said it has not got any thing new except a Horticulture University. Expressing his disappointment with the budget, Rao said the horticulture issue was also mentioned in the Andhra Pradesh Reorganisation Act. "There is nothing that the Centre has given afresh. We sought a lot for the development of Telangana from the Centre. But the Centre has not done justice to Telangana in the budget," Rao was quoted as saying in a release from Chief Minister's Office. The Finance Minister merely stated that the Centre is committed to issues mentioned in the Reorganisation Act, but he has not given clarity on any issue, Rao said.  On the other hand, welcoming the budget, Telangana BJP president G Kishan Reddy said it is encouraging for infrastructure, agriculture and handicrafts. The budget sought to put the economy, which derailed during UPA regime, back on track and it made an effort to give a push to all the sectors without burdening the common man, Reddy said in a release. The Telangana BJP president hailed the Finance Minister statement to honour the promises made to Telangana and Andhra Pradesh in the AP Reorganisation Act. 


Popular posts from this blog