The Andhra Pradesh government will raise one billion rupees through contributions from different sources
AMARAVATI: The & S government in Andhra Pradesh aims to raise at least 1 billion rupees through contributions from different sources in the current financial year under a new initiative called
The funds thus obtained will be used in the government's flagship 'Navaratnalu' program, under which the cash will be distributed through various schemes to different sections of people each year.
The government is exploring the option of establishing a 'Section 8 Company', under the Companies Act of 2013, with the name 'Connect-to-Andhra' for resource mobilization, according to the Concept Note.
A Section 8 Company is intended for the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, environmental protection or any other purpose.
All the projects so far assumed under the Smart Andhra Pradesh Foundation, launched by the former Telugu Desam Party government, together with the resources will be merged with the proposed company.
Alternatively, the government is also considering the option of changing the name of the Smart AP Foundation as 'Connect to Andhra'.
A Social Responsibility Wing, headed by an officer, has been created in the State Planning Department as the nodal agency to mobilize funds for the government's flagship welfare programs.
An astounding sum of more than Rs 30,000 million per year is required to implement the numerous social assistance plans such as Rythu Bharosa (support for farmers), Amma Vodi (stopping mothers to send their children to school), Vahana Mitra (annual maintenance allowance for cars and taxis). drivers), social security pensions, annual monetary allowance for junior lawyers, reimbursement of fees for students, housing for the poor, etc.
While some of these schemes are combined with central government programs to reduce the financial burden, some are unique that require full funding from state coffers, official sources said.
With the government unable to make ends meet, and without a penny available for basic infrastructure development, seeking public contributions was the only possible option considered to carry out the welfare agenda, the sources added.
My government is committed in its efforts to increase mobility in the lives of the marginalized population. Our flagship Navaratnalu schemes serve universal medical care, access to education, housing, social security for the deserved, YS Chief Minister Jagan Mohan Reddy said in a statement. message about the launch of Connect-to-Andhra (CTA).
The Chief Minister is the president of the CTA advisory board of CTA, which will be implemented in mission mode.
In fiscal year 2018-19, several companies and organizations spent Rs 62.59 rupees on several projects under Corporate Social Responsibility.
The government received another crore of Rs 13.3 for the implementation of CSR schemes.
In addition to CSR donations from business houses, the government now aims to secure philanthropic funds from high net worth individuals such as industrialists, public representatives and movie stars and also social impact investments from organizations such as the Bill Foundation and Melinda Gates , Michael and Susan Dell Foundation and also non-governmental organizations.
Donations from non-resident Telugus (those living abroad) and others for Connect-to-Andhra will also be sought.
This year, the government has already identified 'taxpayers' for the new Mission and is aiming to raise 1 billion rupees through them.
The CTA mission has identified several projects related to infrastructure improvement in schools, polytechnics, industrial training institutes, establishment of primary processing centers and milk collection, improvement of urban green spaces and plantations along roads and railways important, restoration of open forests, agroforestry, improving primary and community health centers and affordable housing for the poor.
On November 14, the government will launch 'Nadu-Nedu', a program to improve infrastructure in schools, whose first phase will cost Rs 1.5 billion.