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AP to be Golden State in 5 Years

According to highly reliable information, Andhra Pradesh State government and Union Government of India have chalked out a plan to make AP into Golden State in next 5 years. Chandrababu is said to be in constant touch with PMO and Centre too is keen to "bail out" the truncated state. AP has a revenue deficit of Rs 15, 200 Crore post bifurcation. Centre is going to dole out the 100% deficit amount to rescue AP. Union Minister of State for Commerce and Industry Nirmala Sitharaman too confirmed the same during her recent visit. Centre may release funds after October 15, corroborated Nirmala who handles Finance and Corporate Affairs portfolios in MoS capacity.

Besides the revenue deficit amount, Centre is keen on according Special Status to AP soon as it's considered strongly. The Status will allow special grants to the new state including tax benefits. This is not all. A special financial package for the underdeveloped regions like North-Coastal Andhra and Rayalaseema is expected soon. State government is also swiftly making preparations to invite MNCs and set up their businesses rapidly. Already Naidu made it clear that Visakhapatnam will be Finance & IT hub for India in four years. He succeeded in roping Google to Vizag.

Both TDP and BJP have planned to work in tandem and took the responsibility to develop AP from the scratch as a challenge. Nirmala Sitharaman said, "Andhra Pradesh will be Golden State in next five years. TDP and BJP would transform the State into 'Swarna Andhra Pradesh' by ensuring all-round growth." Going by all the recent developments, proposed plans in AP, Seemandhra is going to be Swarnandhra soon.

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