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AP has major projects funded by multilateral banks: Minister Goutham Reddy

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The Andhra Pradesh (AP) government has recently concluded an agreement with the New Development Bank (NDB) for two road projects worth $646 million.
It is in the process of implementing the World Bank (WB)-funded Rejuvenating Watersheds for Agriculture Resilience through Innovative Development (REWARD) project in five districts in the parched Rayalaseema region and the tribal belt of Visakhapatnam district over the next six years.
The Visakhapatnam-Chennai Industrial Corridor Development Project comprised a grant and a policy-based loan amounting to $630 million and the government is working with the WB for improving the quality and responsiveness of the public health services in the State, said Industries and Commerce Minister Mekapati Goutham Reddy. ....

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'Multilateral banks playing a crucial role in supporting economic growth'

'Multilateral banks playing a crucial role in supporting economic growth'
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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BUDGET: Nothing major or special for AP, officials tell CM at review meet

DECCAN CHRONICLE.
Updated Feb 2, 2021, 1:52 am IST
Officials told Jagan there was a slump in allocations for the PM Kisan, PM Awas Yojana and NREGS as compared to the previous year
Jagan asked officials to try their best to get more funds from the Centre. DC Image
VIJAYAWADA: Chief Minister Y.S. Jagan Mohan Reddy has held a meeting with officials on the Union Budget 2021-22 and examined the financial allocations offered to various sectors. The officials informed the CM that there were no major or special allocations to the state.
Although there were high hopes and expectations for special allocations to AP still facing odds due to the 2014 bifurcation, the Union Budget proved to be a disappointment, they told the CM. ....

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