APCO registers record sales
Weavers’ corporative generates a revenue of Rs.1.5 crore

Building collapse at Daba Gardens claims 2
18 injured; Rescue operations initiated; Minister promises support

Two software employees drowned in Vizag beach
Two local youth who went for rescue missing

Recruitment rally for the posts of group (x) technical trades
Indian Air Force recruitments

APCO Fabrics Designer Collection showroom inaugurated
APSCO registers turnover of Rs. 138 crore

Distribution of ration cards from December 1
Applications for fresh cards to be accepted up to end of this month

Employee strike hits official machinery
Most Government offices including Collectorate looked deserted

Nationwide strike on Tuesday
NGOs and Teachers squat at Collectorate and Mandal offices to highlight their demands

The Hindu - Eenadu Lifestyle Show at AU College Grounds
Show to feature wide range of products on display

Photo and Stamp Exhibitions and pledges mark Mahatma Birth Anniversary
City reminds itself of teachings of Mahatma Gandhi

Visakhapatnam, September 30, 2007

Finance Minister clarifies the proposal is a misconstrued prepoll promise

Andhra Pradesh Finance Minister Dr. K Rosaiah admitted that the proposal of Rs.2 kg scheme is under consideration and that the Government did not promise yet. Speaking to the media on the possible prepoll, he said that it most unlikely to happen. On the Rs. 2 per kg rice, he said that the Government has sought to know from the Ministry of Finance whether it will be able to adjust the burden on account of raising in subsidy on rice. He said that this was misconstrued as a pre-election promise.

Speaking to media, he said that the Government will not take any decision that results in losing the benefits brought by its compliance with the fiscal responsibility and budgetary management norms. He added that the Government is spending huge amounts on 38 irrigation projects but without affecting the requirement of other Departments.

He ruled out the possibility of mid-term elections at the Centre, giving the reason that the Left Parties are not prepared to bring down the Government despite having difference of opinion on the nuclear deal and other contentious issues. He added that it is a pure speculation that there will be a snap poll for the State Assembly.

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