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The Andhra Pradesh State Cabinet taken several important decisions to pay input subsidy Rs 1683 crore, Rs 595 crore under insurance scheme to 13 lakh farmers while Sheela Bhide Committee recommendations have been accepted for sharing assets and liabilities of nine BC Welfare Federations which are under Schedule 9 between Andhra and Telangana.
Amaravati: The Andhra Pradesh State Cabinet taken several important decisions to pay input subsidy Rs 1683 crore, Rs 595 crore under insurance scheme to 13 lakh farmers while Sheela Bhide Committee recommendations have been accepted for sharing assets and liabilities of nine BC Welfare Federations which are under Schedule 9 between Andhra and Telangana.
Highlights:
- Cabinet gives nod to age relaxation for medical faculty from 60 to 63
- Rs 1680 crore input subsidy to be paid on June 4
- Low strength schools to merged with other nearby schools
The states will get the assets under 51.32 per cent and 41.68 per cent ratio. Moreover, the government has plans to introduce rationalisation in the schools. As per this move, the schools which have low student strength would be merged with one in nearby village or unit.
Similarly, the cabinet agreed to enhance the retirement age from 60 to 63 for teaching medical faculty who are working in government sector. The loan limitation also has been increased from Rs 1859 crore to Rs 2175 crore. The Andhra Pradesh cabinet chaired by Chief Minister N Chandrababu Naidu at Velagapudi here on Thursday passed the resolution to make amendments to Andhra Pradesh Farmers Management of Irrigation Systems 1997 Act. Besides, the cabinet okayed draft ordinance for AP Agriculture Act-3, 2006.
The act provides right to utilise agriculture land for non-agriculture purpose. Explaining the details of cabinet meeting to media persons, Chief Minister N Chandrababu Naidu said that input subsidy and insurance amount would be deposited in to beneficiaries account on June 4. The message also would be sent to the mobiles of farmers he said.
The ruling period of bodies of AP Irrigation Systems has been reduced from six years to five years. The members would be changed after two year tenure as model of Maharashtra and Gujarat have been adopted in the new changes.
Likewise, Global In-house (GIC) centres would be introduced under public private partnership mode. The entry of multinational companies will be easier with this decision. The industrial sector would get a boost from the policy and government envisaged to Rs 2500 crore investments and 50,000 employment from this policy.
Meanwhile the government would take Rs 2000 crore loan from Industries and Commerce Department, Bank of India, Union Bank and Canara Bank with 8.5 per cent interest rate instead of Hudco which offers 10.50 per cent interest. The government will go for public issue to provide funds in future, he added.
AP State Fibernet Limited will setup corporate call center at Bhimunipatnam and setup boxes would be charged Rs 3000. The cabinet has allotted lands for various government and non government organisations. Minister Kaluva Srinivasulu and media advisor Parakala Prabhakar were also present in the conference.
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