Andhra Pradesh   

Irrigation programmes: YSR moves Centre

By Our Special Correspondent

NEW DELHI, JUNE 9. The Andhra Pradesh Government today sought permission from the Centre to raise funds for its irrigation programmes and steps to revitalise cooperative credit.

The Chief Minister, Y.S. Rajashekara Reddy, along with the Finance Minister, K. Rosaiah, met the Union Finance Minister, P. Chidambaram, and discussed the funds required for the pending projects and assistance, either in the form of special purpose vehicles through financial institutions or by issuing bonds.

The Chief Minsiter said that to execute the Accelerated Irrigational Development Programme in the next five years, the State Government would need Rs. 46,000 crores, of which a tie-up for 26 projects costing Rs. 26,000 crores was made. The State Government was now seeking to raise the rest of the amount.

The State Government had sought clearance for its proposal from NABARD/Reserve Bank of India (RBI) for revitalising cooperative credit. The proposal was in respect of nine cooperative banks in the districts of Srikakulam, Vizianagaram, Warangal, Nalgonda and Karimnagar.

The State had requested the Centre to revoke the restrictions placed by RBI in the case of Prudential and Vasavi Cooperative Banks, as they had recovered Rs. 155 crores and Rs. 64 crores respectively.

The Chief Minister met the Civil Aviation Minister, Praful Patel, and urged him to take immediate steps for carrying out repairs in the Cuddapah airport, including extension of the runway and seek clearances for the new international airport in Hyderabad.

Dr. Reddy and the Major Irrigation Minister, P. Lakshmaiah, met the Union Water Resources Minister, Priyaranjan Dasmunshi, to review the ongoing/pending projects in the Godavari basin.

The Minister was told that the 10 projects, including four lift irrigation schemes of Pushkaram, Tadipudi, Alisagar and Guthpa, four medium projects of Peddavagu (Neelwai), Mathadivagu, Gollavagu and Ralivagu and two others — Polavaram and Gundlakamma — were pending clearance from the Central Water Commission.

Printer friendly page  
Send this article to Friends by E-Mail

Andhra Pradesh

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary | Updates: Breaking News |

Stories in this Section

• Irrigation programmes: YSR moves Centre
• AICC session likely at Tirupati
• People's War trains guns on two SPs
• Free from slavery but far from promised land
• Goods train derails, traffic disrupted
• Need for women's empowerment stressed
• Farmers storm mandal office, beat officials
• RTPP on schedule: AP Genco
• DGP promises more welfare measures
• Another `mahaprakaram' for Tirumala temple to be studied
• Next AICC session likely to be held at Tirupati
• I am not keen on any post: NJR
• Portrait of power changeth!
• Teachers union's appeal to CM
• Relief to ryots brooks no delay: CPI(M)
• Chilli farmers demand easing of quality norms
• Three women relieved of jewellery
• Cloud-seeding operations from July 1
• 29 teams for Police Duty Meet
• Iran Consul-General's plea for direct flights
• G.O. on minority status certificate modified
• Amalgamation of rural banks sought
• Tobacco auction likely to close in mid-July
• Another farmer ends life
• RTC workers to protest against transfers
• SCR collects Rs. 2.18 crores in fines
• Yadav, Dinesh Reddy take charge
• Briefly
• Crime Watch

Copyright © 2004, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu