The Andhra Pradesh reorganization Act, 2014
94. Fiscal measures including tax incentives.
1. The
Central Government shall take appropriate fiscal measures, including offer of
tax incentives, to the successor States, to promote industrialisation and
economic growth in both the States.
2. The
Central Government shall support the programmes for the development of backward
areas in the successor States, including expansion of physical and social
infrastructure.
3. The
Central Government shall provide special financial support for the creation of
essential facilities in the new capital of the successor State of Andhra
Pradesh including the Raj Bhawan, High Court, Government Secretariat,
Legislative Assembly, Legislative Council, and such other essential
infrastructure.
4. The
Central Government shall facilitate the creation of a new capital for the
successor State of Andhra Pradesh, if considered necessary, by denotifying
degraded forest land.