Government to sell lands, houses to raise funds

With expansion of agriculture, two new dept. posts created

In view of its depleting financial position on account of COVID, the State government has decided to sell its lands and houses under the control of Housing Development Corporation to raise funds. A meeting of the Cabinet presided by Chief Minister K. Chandrasekhar Rao asked Chief Secretary Somesh Kumar to initiate immediate steps for sale. The Cabinet expressed satisfaction at procurement of 87% of paddy cultivated in rabi and directed the Civil Supplies department to complete the process in four or five days. It suggested that the Agriculture department promote red gram cultivation as the crop had high demand in market. Since the demand for boiled rice was declining in neighbouring States, it was assessed that cotton would fetch higher profits in future. At the same time, the Cabinet discussed the possibility of higher demand for fine varieties of rice.