Amaravati Nov 10 : Chandrababu Naidu said, "We have no money for salaries to government officials. We are already running on a huge overdraft". Inspite of a hike AP is even not able to pay wages to its staff in this economic year.
The growth rate recorded 12.26 percent in the first quarter and approaching 15 percent annual growth.
An increase of 13.5 percent,the revenue of the state earnings Rs. 22,800 crore in 2016-17 financial year as against Rs. 20,166 crore in corresponding period last year.
All over the government estimated Rs. 4,868 crore revenue deficit in this particular year. "There is heavy pressure on government expenditure and adjustment of finances has become problematic," says Yanamala Ramakrishnudu, Finance Minister .
He also said,"We have reached the fiscal deficit but we are somehow pulling the cart either by borrowing or through internal adjustments". Yanamala pointed out that our state situation is still worse.
All around Rs.500 crore have been spent so far on the construction of the Government Headquarters and 100 crore for chief minister's residencies and offices.
Gaza city, Dec 15: Tens of thousands of Palestinians including hundreds of gunmen rallied in Gaza on Thursday to mark the 30th anniversary of Hamas's founding and its chief vowed to reverse U.S. Presi ..Written by : SMTV24x7 | 01:56 AM
Arms provided by the United States and Saudi Arabia to Syrian opposition groups frequently ended up in the hands of Islamic State, an arms monitoring group that analysed weapons found on the battlefie ..Written by : SMTV24x7 | 01:31 AM
The makers of the four remakes of Bollywood entertainer Queen have wrapped up the France schedule of the films. The 2014 Hindi movie is being remade as Butterfly (Kannada), Queen Once Again (Telugu ..Written by : SMTV24x7 | 11:18 PM
Salman Khan always comes forward to support his family and this time it is his younger brother-in-law Aayush Sharma who will get launched in Bollywood by Salman khan. Salman has tried his best to s ..Written by : SMTV24x7 | 11:13 PM
Indionesia Dec 14: A bid to make all sex outside marriage illegal was thrown out by an Indonesian court on Thursday, as concerns grow over rising intolerance in the world's biggest Muslim-majority cou ..Written by : SMTV24x7 | 11:06 PM
At least 6,700 Rohingya Muslims were killed in the first month of a Myanmar army crackdown, which the army terms as crackdown on rebels in Rakhine state, that began in late August, Medecins Sans Front ..Written by : SMTV24x7 | 11:01 PM
Moscow Dec 14: Finally Russia has met North Korea to discuss military activities. This is the first meeting of Russian-North Korea military commission. The commission will be discussing the implementa ..Written by : SMTV24x7 | 10:43 PM
Japan Dec 14: Antonio Guterres, the Secretary-General of United Nations met with Japanese Prime Minister Shinzo Abe in Tokyo. On Thursday, Guterres said that unified efforts to fully implement sanctio ..Written by : SMTV24x7 | 10:33 PM
Mumbai Dec 14: The Sensex opened by jumping 117 points on Thursday on value-buying in blue- chips. Asian stocks moved sideways. The NSE Nifty went above 10,200-mark. The 30-share BSE index was u ..Written by : SMTV24x7 | 10:23 PM
China Dec 14: China summoned Australia's ambassador to lodge a complaint last week over Canberra's allegation that Beijing had sought to interfere in Australian politics. Relations between Australi ..Written by : SMTV24x7 | 10:17 PM
Moscow Dec 14: Russian President Vladimir Putin kicked off an annual press conference Thursday, his first major public appearance since announcing he would seek a new six-year term in March 2018 elect ..Written by : SMTV24x7 | 10:03 PM
Israel Dec 14: Israel and Saudi have no official diploamatic ties but Israeli intelligence minister Yisrael Katz wants Saudi crown prince Mohammed bin Salman to visit Israel. Israel wants to impro ..Written by : SMTV24x7 | 09:58 PM
Trump's decision to recognise Jerusalem as the capital of Israel, has invited trouble for America from the Islamic State, as IS has threatened attacks on U.S in retaliation for his decision on Jerusal ..Written by : SMTV24x7 | 09:51 PM
Islamabad, Dec 14: Kulbhushan Jadhav, the Indian death row prisoner who is in Pakistan jail has got permission to meet his family on humanity grounds. Pakistan has directed its high commission in New ..Written by : SMTV24x7 | 09:43 PM
Gujarat Dec 14: Due to offering support and mending rules for BJP the Congress has attacked Election Commission and said that "the sinking ship of Prime Minister Narendra Modi's campaign is being save ..Written by : SMTV24x7 | 09:36 PM
New Delhi, Dec 14: Due to the increasing attacks on the vans carrying cash for filling in ATMs, the government has proposed new deadline in timing for putting cash in ATMs. The deadline for putting ..Written by : SMTV24x7 | 09:22 PM
New Delhi Dec 14: The popular Vodafone mascot Super Zoo Zoo that won many hearts is making a debut as Comic con. The Comic Con will be back in Delhi this weekend from December 15-17. The new editio ..Written by : SMTV24x7 | 09:13 PM
New Delhi, Dec 14: The Indian Railways has decided to settle bills of contractors and vendors within 30 days of its receipt. To make it possible, the Indian Railways has introduced a bill tracking ..Written by : SMTV24x7 | 08:07 PM
Vijayawada Dec 14: Air India Express (AIE), India's first international budget carrier would expand its wings to Vijayawada International Airport.The Airlines has announced an introduction of non-stop ..Written by : SMTV24x7 | 07:46 PM
Hyderabad, Dec 14 : The TRS was dismissed Congress leader A. Revanth Reddy's allegations against father-in-law of Telangana's IT Minister K.T Rama Rao on Wednesday. "If a relative of KTR is involve ..Written by : SMTV24x7 | 07:43 PM
Hyderabad, December 14: Sandeep Reddy Vanga is one of the sensational directors in the recent times, he bagged the blockbuster hit with Arjun Reddy film. Mega Power Star Ram Charan and the ace dire ..Written by : SMTV24x7 | 04:29 PM
Hyderabad, December 14: Classical and talented filmmaker Sekhar Kammula is one of the best directors of Telugu cinema. The director made his comeback with Fidaa which ended up as the biggest hit in 20 ..Written by : SMTV24x7 | 03:02 PM
Hyderabad, October 23: Tollywood Young Rebel Star Prabhas upcoming flick Saaho first look has been unveiled by the filmmakers on the occasion of Prabhas birthday. The first look getting the stupendous ..Written by : SMTV24x7 | 06:11 PM
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Trump's decision to recognise Jerusalem as th ..
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