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States » South


Telangana CM to meet PM, FM over central funds

Hyderabad, Dec 7 (UNI) Telangana Chief Minister K Chandrashekhar Rao is planning to meet Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, in the next five to six-days to explain intensity of the economic situation in the state.
During his meet with the Prime Minister and Finance Minister at Delhi, Mr Rao would apprise them of the difficulties arised with funds not being released from the Centre.
The CM will visit Delhi along with the officials to explain the intensity of the economic situation in the state.
Due to the economic slowdown prevailing in the country, the Telangana state is not getting 14 per cent of GST collections, the CM said at a review meeting held with the officials at Pragathi Bhawan here on Saturday on the State’s financial position—Funds to come from the Centre and other issues.
Moreover, the Centre has to give the State Rs 1,719 Crore as GST compensation dues.
The CM asked the Centre to release these funds in his letter to the union finance minister.
UNI KNR RHK2120
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