Think before casting your vote...Video is in Telugu and hence, below is the translated version in text Text Source: Vamsi K Tellakula . Speech in Video was given by JP (LokSatta Party) on the resolution of Telangana Issue. This guy needs support..plz do that..Only genuine educated leader in AP .. #JPLokSattaSolutionForTelanganaIssue Gist in English: Dr. JP’s comprehensive solution calls for addressing revenue deficits of Seemandhra and firm and time-bound commitments for Telangana development. Dr. JP’s formula for Seemandhra development calls for making commitments to infrastructure mandatory, firm and charged to the Government of India, setting up of educational institutes (IIT/IIM/AIMS/IIIT/Tribal University) within a stipulated time frame and guaranteed commitment to Polavaram irrrigation project and Ramayapatnam port. The formula seeks Special Category Status to Rayalaseema region which will be badly impacted in terms of revenue by the State’s bifurcation. While Hyderabad city had Rs.13,000 crore revenue surplus Rayalaseema had Rs.7,000 crore deficit (4 districts, 15 million population)during 2012-13. The proposed pay revision this year would take Rayalaseema’s deficit to Rs.9,000 crore. The region will not have enough revenue to pay even staff salaries. The Special Category status will turn Rayalaseema into a tax haven in that there will be Central excise and corporate income tax exemptions. Although there are 11 Special Category States in India, there is none in the peninsular India. Being on the Chennai-Bangalore corridor, the resource-poor Rayalaseema can be the new Dubai attracting investments from all southern and western States. All Telugu-speaking people and the entire peninsular India will gain.
Posted on: Sun, 19 Jan 2014 06:24:21 +0000
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