The State government, which is looking at revenue augmentation to ease its debt burden, is likely to come up with a new sand policy. With the existing ‘free’ sand policy introduced by the previous TDP government, resulting in State losing a revenue of Rs 500- Rs 600 crore, benefiting neither consumers nor the exchequer, the State government is mulling a fresh policy that could create a win-win situation for both the parties.
Sources in the government said that implementation of a better sand policy was one of the points of discussion during the review meeting held by Chief Minister YS Jagan Mohan Reddy with Revenue and Finance departments. “There was no specific discussion on sand policy, but it was suggested that sand was also a source for revenue generation. The officials were asked to come up with novel ideas for revenue augmentation,” a source said.
http://www.newindianexpress.com/states/andhra-pradesh/2019/jun/03/andhra-pradesh-jagan-government-may-junk-tdps-free-sand-policy-1985166.html
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The State government, which is looking at revenue augmentation to ease its debt burden, is likely to come up with a new sand policy. With the existing ‘free’ sand policy introduced by the previous TDP government, resulting in State losing a revenue of Rs 500- Rs 600 crore, benefiting neither consumers nor the exchequer, the State government is mulling a fresh policy that could create a win-win situation for both the parties. Sources in the government said that implementation of a better sand policy was one of the points of discussion during the review meeting held by Chief Minister YS Jagan Mohan Reddy with Revenue and Finance departments. “There was no specific discussion on sand policy, but it was suggested that sand was also a source for revenue generation. The officials were asked to come up with novel ideas for revenue augmentation,” a source said. http://www.newindianexpress.com/states/andhra-pradesh/2019/jun/03/andhra-pradesh-jagan-government-may-junk-tdps-free-sand-policy-1985166.html