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Telangana To Get 786 Crore From Centre

The TS government will get R786 crore from the Centre in the current financial year. A communication to this effect was received by the TS government from the centre. Of this 786 crore, R450 crore is for the backward areas development programme which is being released after a gap of one year. The remaining R336.34 crore is part of the CST arrears.

After bifurcation, the Centre had released R450 crore to TS in 2014-15 under the backward areas development programme as assured. in the AP Reorganisation Act. TS spent R450 crore and sent Utilisation Certificates to the Centre. However, the following year, the Centre did not release 450 crore under the  programme despite repeated requests Following this, TShad sought 2900 crore.