Andhra govt to clear Rs 400 crore in pending bills for small contractors

Aaravatı: Andhra Pradesh government decided to clear the contactor invoices waiting until 400 RS for their work since 2014.

Source, 2014-2019 between the years of the project value of the RS 5 Crore, the contractors that apply jobs will now receive payments, years of financial uncertainties and difficulties will end for years, he said.

“Andhra Pradesh Finance Department is cleansing invoices for small contractors that provide long -awaited financial assistance …” he said.
The decision, which will see that small contractors will benefit from 400 RS, was received following the orders of Prime Minister N Chandrababu Naidu. Rolyef has been expanded to the contractors who run up to 5 Lakh, which has been on holding dues since 2014.

According to the source, the TDP -led government has already cleared the bills waiting in more than one tongue.

The funds of the invoices are expected to be deposited in the accounts of the contractors within a few days.