Loksatta solution on state bifurcation process

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Hyderabad, January 18, 2014: Extending support to formation of separate Telangana State, Lok Satta Party chief and MLA Dr Jayaprakash Narayan here on Saturday urged the Centre to accord special status to backward areas in the Rayalaseema region or form it as a State. Participating in the debate on the draft Telangana Bill in the Assembly, Dr Jayaprakash Narayan said Rayalaseema, which was more backward than the Telangana and Coastal Andhra regions would face severe losses due to State bifurcation.

While the tax revenue and expenditure were equal in the Coastal Andhra Region, the revenue in the Rayalaseema region was Rs 18,215 crores while the expenditure was Rs 25,220 crores resulting in a deficit of Rs 7,005 crores per year. In the 2014-15 financial year, the deficit would increase to Rs 9,000 crores. Regarding Telangana region, the tax revenue was Rs 41,391 crores and expenditure Rs 49,799 crores resulting in Rs 8,407-crore deficit. In Hyderabad, the capital of the State, the tax revenue was Rs 20,022 crores and expenditure Rs 7,162 crores resulting in the surplus of Rs 12,854 crores. Under the circumstances, the Centre should extend a helping hand to the regions, which would face loss, due to formation of separate Telangana State with Hyderabad as its capital, he demanded.

 

Media

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