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TDP chief decides to quit Union cabinet

TDP chief decides to quit Union cabinet

Announcing that the two TDP ministers would resign from the union cabinet on Thursday morning, Andhra Pradesh Chief Minister Chandrababu Naidu said he would like to see how the BJP now reacts. He promised that the state government "would not rest" till its dream of emerging as a power to reckon with in the Asia-Pacific region were realised.

The main opposition YSR Congress has been mounting pressure on the ruling TDP government and BJP-led central government with their slogan "Special Status is our right, do not get cheated by Special package".

"Andhra Pradesh in the special package will receive the same benefits that of a special state category", added Jaitley. "We are committed to giving monetary equivalent to special status to Andhra Pradesh", said Jaitley.

He said decision on alliance with the BJP will be taken later.

To overcome this, it was proposed last month that a special goal vehicle be created in the state which deals with the development work.

"We are willing to satisfy every condition". However, he also added that "sentiments do not define the quantum of funds" as the Centre has to look at a number of things. "In fact, it is nearly me waiting to know the bank accounts where the money has to be deposited", Jaitley said at a special press conference called to brief on Andhra Pradesh issue.

The miffed CM said they waited for 4 years with patience. For special category states, the expenses for Centrally sponsored schemes are shared in the 90-10 ratio between the Centre and state compared to the 60:40 ratio in the case of other states.

TDP president and chief minister N Chandrababu Naidu announced the decision after a marathon meeting with his party MPs and ministers from Amaravati late in the evening. The protesters claim that the bifurcation caused a huge revenue deficit for the successor Andhra Pradesh.

The TDP also insisted that the Centre should bridge Rs 16,000-crore revenue deficit. "To a further nudge from reporters about special status, Jaitley quipped, ".then why not Bihar". The primary benefit of being given a special status is an increase in allocation of funds and greater ease in getting loans.

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