Telangana seeks Rs 5,000 crore from Centre under SASCI

Hyderabad, May 20 : Telangana has sought additional special financial assistance of Rs 5,000 crore from the Centre under the Scheme for Special Assistance to States for Capital Investment (SASCI). Deputy Chief Minister Mallu Bhatti Vikramarka Mallu made the request to Union Finance Minister Nirmala Sitharaman during a meeting with her in New Delhi on Wednesday. Mallu Bhatti Vikarmarka, who holds the finance portfolio, discussed with Nirmala Sitharaman several key issues concerning the state’s development, educational infrastructure, and capital expenditure. According to an official release here, the Deputy Chief Minister requested sanction of an additional special financial assistance of Rs 5,000 crore to Telangana under SACSI. He apprised the Union Finance Minister of the massive investments and welfare programmes being undertaken by the state government in the sectors of education, healthcare, rural infrastructure, and human resource development. Regarding the substantial investments being made in the education sector, including the Young India Integrated Residential Schools (YIIRS), he appealed for an exemption from FRBM limits for Externally Aided Projects (EAPs).