Naidu Seeks ₹5,000 Crore Boost for SASCI from Finance Minister

IO_AdminAfrica4 hours ago11 Views

Fast Summary

  • Andhra Pradesh Chief Minister nara Chandrababu Naidu met Union Finance Minister Nirmala Sitharaman in New Delhi on August 22, 2025.
  • The Chief Minister requested additional financial assistance from the Center for developmental projects in the State.
  • Andhra Pradesh has already received ₹2,010 crore under the special Assistance too States for Capital Investment (SASCI) scheme.
  • He submitted a memorandum seeking another ₹5,000 crore for pending capital projects.
  • The memo also requested orders for releasing ₹250 crore under the Single Nodal Agency (SNA Sparsh) incentive scheme guidelines for FY 2024-25.
  • CM Naidu welcomed the Purvodaya scheme, which focuses on integrated development of eastern States, noting its potential benefits to Andhra Pradesh and urging fast implementation.

Image: Union finance Minister Nirmala Sitharaman with andhra Pradesh Chief Minister Nara Chandrababu Naidu during their meeting in new Delhi (@nsitharamanoffc/X via PTI Photo).

Indian Opinion Analysis

The meeting between CM Chandrababu Naidu and FM Sitharaman signals ongoing dialogues aimed at securing greater financial backing to drive developmental initiatives in Andhra Pradesh. While receiving ₹2,010 crore earlier through SASCI reflects previous support from the centre, the demand for an additional ₹5,000 crore indicates significant gaps in funding required to complete pending capital projects.

Naidu’s advocacy of early modal finalization of schemes like Purvodaya highlights his emphasis on leveraging central programs to benefit state infrastructure and economic growth efforts while aligning with larger national objectives targeting regional development.

The implications of these discussions depend largely on how promptly decisions are made regarding financial allocations and implementation modalities by policymakers at both levels. Timely responses could translate into accelerated progress for key initiatives shaping AP’s socio-economic landscape.

Read more: [The Hindu link]

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