Cabinet clears special assistance for EAPs in Andhra Pradesh

The Cabinet has approved financial assistance for bifurcated Andhra Pradesh by way of special dispensation in funding of Externally Aided Projects (EAPs) and also the irrigation component of Polavaram project.

The special assistance will be provided to the state towards repayment of loan and interest for EAPs signed and disbursed from 2015-16 to 2019-20.

The Centre will also fund 100% of the irrigation component of the Polavaram project starting from 1st of April, 2014.
Source- The Indian Express

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