Andhra Pradesh Economy

The Government of India has given a much-needed breather to the cash-starved Andhra Pradesh government, allowing it to raise Rs 10,500 crore through open market borrowing (OMB) for the first nine months of the ongoing financial year.

The 15th Finance Commission had recommended a total revenue deficit grant of Rs 1,18,452 crore to 17 states in 2021-22.

A total of Rs 1,18,452 crore in terms of grant has been suggested by the 15th Finance Commission for 2021-22, to 17 states.

The Government of Andhra Pradesh through the AP Economic Development Board has entered into an MOU with the leading Indian School of Business to work with various economic departments.

Union Minister Nitin Gadkari on Saturday said he will strive to get work started on the Godavari inland waterways this year. He added that once the project is completed it will change the economy of Andhra Pradesh, Telangana and Maharashtra.

Petrol pumps in Tamil Nadu, Kerala, Karnataka, Puducherry, Andhra Pradesh, Telangana, Maharashtra and Haryana would be shut for 24 hours on Sundays, starting May 14.

A pilot for daily revision of petrol and diesel price will be first implemented in Puducherry, Vizag in Andhra Pradesh, Udaipur in Rajasthan, Jamshedpur in Jharkhand and Chandigarh.

The Committee of Chief Ministers on demonetisation, headed by Andhra Pradesh's N Chandrababu Naidu, constituted to prepare a roadmap for transition to digital economy will submit its interim report to Prime Minister Narendra Modi in New Delhi tomorrow.

BJP-ruled Assam has taken a big step towards the no-cash economy that Prime Minister Narendra Modi is trying popularise. With digital e-wallet Toka Paisa, which also has a smart-card version, Chief Minister Sarbananda Sonowal made Assam the first state in eastern India to have its own e-wallet. So far, only Andhra Pradesh and Maharashtra have their...

A number of business and political leaders are expected to attend the 2017 Vibrant Gujarat Summit.

BJP ally and Andhra Pradesh Chief Minister N Chandrababu Naidu, an early supporter of Prime Minister Narendra Modi's ban on 500- and 1,000-rupee notes to unearth black or undeclared money, now says he is worried that there is no end in sight to the crisis brought about by the massive cash crunch that has followed.

Andhra Pradesh Chief Minister Chandrababu Naidu will head a committee of Chief Ministers that will suggest ways to move to a cashless economy and to ease the situation caused by the massive cash crunch after the government banned 500- and 1,000-rupee notes to combat black or untaxed money.

Asian Paints Ltd is investing around Rs 4,000 crore on setting up two manufacturing plants in Karnataka and Andhra Pradesh, although it has cautioned that demand conditions in the current fiscal year "still remain uncertain" on account of the global economic situation.

Seeking to give a boost to the railway infrastructure, Government today gave its nod to four rail line projects in Odisha, Andhra Pradesh and Chhattisgarh at a cost of around Rs 8351 crore.

On October 15 Sany Group had said that it would invest $3 billion (Rs 20,000 crore) to develop 2,000 MW of renewable energy projects in India.

The Government of India has given a much-needed breather to the cash-starved Andhra Pradesh government, allowing it to raise Rs 10,500 crore through open market borrowing (OMB) for the first nine months of the ongoing financial year.

The 15th Finance Commission had recommended a total revenue deficit grant of Rs 1,18,452 crore to 17 states in 2021-22.

A total of Rs 1,18,452 crore in terms of grant has been suggested by the 15th Finance Commission for 2021-22, to 17 states.

The Government of Andhra Pradesh through the AP Economic Development Board has entered into an MOU with the leading Indian School of Business to work with various economic departments.

Union Minister Nitin Gadkari on Saturday said he will strive to get work started on the Godavari inland waterways this year. He added that once the project is completed it will change the economy of Andhra Pradesh, Telangana and Maharashtra.

Petrol pumps in Tamil Nadu, Kerala, Karnataka, Puducherry, Andhra Pradesh, Telangana, Maharashtra and Haryana would be shut for 24 hours on Sundays, starting May 14.

A pilot for daily revision of petrol and diesel price will be first implemented in Puducherry, Vizag in Andhra Pradesh, Udaipur in Rajasthan, Jamshedpur in Jharkhand and Chandigarh.

The Committee of Chief Ministers on demonetisation, headed by Andhra Pradesh's N Chandrababu Naidu, constituted to prepare a roadmap for transition to digital economy will submit its interim report to Prime Minister Narendra Modi in New Delhi tomorrow.

BJP-ruled Assam has taken a big step towards the no-cash economy that Prime Minister Narendra Modi is trying popularise. With digital e-wallet Toka Paisa, which also has a smart-card version, Chief Minister Sarbananda Sonowal made Assam the first state in eastern India to have its own e-wallet. So far, only Andhra Pradesh and Maharashtra have their...

A number of business and political leaders are expected to attend the 2017 Vibrant Gujarat Summit.

BJP ally and Andhra Pradesh Chief Minister N Chandrababu Naidu, an early supporter of Prime Minister Narendra Modi's ban on 500- and 1,000-rupee notes to unearth black or undeclared money, now says he is worried that there is no end in sight to the crisis brought about by the massive cash crunch that has followed.

Andhra Pradesh Chief Minister Chandrababu Naidu will head a committee of Chief Ministers that will suggest ways to move to a cashless economy and to ease the situation caused by the massive cash crunch after the government banned 500- and 1,000-rupee notes to combat black or untaxed money.

Asian Paints Ltd is investing around Rs 4,000 crore on setting up two manufacturing plants in Karnataka and Andhra Pradesh, although it has cautioned that demand conditions in the current fiscal year "still remain uncertain" on account of the global economic situation.

Seeking to give a boost to the railway infrastructure, Government today gave its nod to four rail line projects in Odisha, Andhra Pradesh and Chhattisgarh at a cost of around Rs 8351 crore.

On October 15 Sany Group had said that it would invest $3 billion (Rs 20,000 crore) to develop 2,000 MW of renewable energy projects in India.