Cabinet approves T-Bill, Rejects UT Proposal
posted on Feb 7, 2014 @ 6:43PM
It seems Congress high command has developed some sentiment of submitting T-Bill as table item in every crucial meeting. Today also it has been introduced as table item in the Cabinet meeting held at Prime Minister Dr.Manmohan Singh’s residence. Cabinet has approved the T-Bill without any major changes to existing one.
Cabinet rejects the proposal of making Hyderabad as union territory. Financial package to backward areas in Rayalaseema and North Coastal Andhra has been approved. The villages that submerge under Polavaram project, which are now in Kammam district will be merged with West Godavari district for averting inter-state disputes. Center will grant the necessary funds, clearances for this project. Centre will bear entire expense of constructing new capital of residuary Andhra Pradesh state and also de-notify the forest areas to build the new capital. Experts committee will decide about the location of the new capital. Other than, there are no major changes made to the existing T-Bill.
T-Bill will be sent to President Pranab MUkharji tonight for his approval.