Pawan Kalyan thanks PM, FM for ₹4,597 crore tax devolution
Andhra Pradesh Deputy Chief Minister Pawan Kalyan expressed gratitude to the Union government for the release of ₹4,597 crore in tax devolution. He stated that these funds will support infrastructure, agriculture, and welfare initiatives across the state.
Why it matters
The timely release of central tax devolution is critical for state-level fiscal planning and the execution of development projects in India's federal structure.
Deputy Chief Minister K. Pawan Kalyan has thanked Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for the release of ₹4,597 crore towards tax devolution to Andhra Pradesh.
In a message posted on social media on Saturday, Mr. Kalyan said the funds had come at a crucial time and would provide additional fiscal strength to expand infrastructure, improve connectivity, strengthen agriculture and irrigation, enhance education and healthcare, and advance key development initiatives across the State.
Mr. Kalyan said the Centre’s decision to release an advance instalment of ₹1,09,019 crore to the States would equip them with timely financial resources and contribute to the goal of building a prosperous Bharat.
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