Amaravati, June 26 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday directed officials to allocate funds from a range of central government programs towards capital expenditure. Reviewing the operations of the Finance Department at his camp office, the Chief Minister emphasized that capital expenditure should be structured to foster wealth creation and revenue generation, alongside the implementation of welfare initiatives. "Central funds under various programs should be channeled towards capital expenditure," Naidu stated in an official release. He emphasized that priority should be given to projects that create wealth and generate revenue. During the review session with Finance Minister Payyaula Keshav, the Chief Minister assessed the department's current financial situation, including income and expenditure patterns. He also evaluated spending on welfare schemes and development projects, paying close attention to funds allocated for welfare pensions and monthly programs. Naidu further deliberated on the financial requirements for upcoming schemes and development projects. Additionally, he instructed officials to prioritize spending from NABARD funds on the Panchayat Raj Department.
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