VIJAYAWADA: In a big growth, Chief Minister YS Jagan Mohan Reddy has effected a minor reshuffle of the portfolios of his Cupboard. Within the course of, the industrial taxes portfolio of Deputy Chief Minister Okay Narayana Swamy was allotted to Finance Minister Buggana Rajendranath Reddy. Narayana Swamy will now maintain solely the Excise portfolio whereas Buggana will deal with the finance and planning, legislative affairs along with the newly allotted industrial taxes.
Chief Secretary Sameer Sharma issued a GO pertaining to the allocation of the industrial taxes portfolio to Buggana Rajendranath. Sources stated the federal government desires to have extra synergy between the useful resource producing departments and the finance division for the graceful functioning of the administration.In July, the State authorities transferred two necessary portfolios from the income division to the finance division.
Other than the industrial taxes division, the federal government then transferred the stamps and registration which comes beneath income division, to the finance division. Stamps and registration was beneath the income division, the portfolio which was held by one other Deputy Chief Minister Dharmana Krishna Das. The orders have been reversed afterward administrative grounds.
With the reallocation of the portfolio, all of the associated Heads of Departments and autonomous organisations like Commissioner of Industrial Taxes are connected to the Finance Division, sources stated.The reallocation of portfolios comes at a time when there have been experiences of a doable rejig in the whole Cupboard itself.
Jagan, who earlier introduced that he would go for a rejig after two-and-half years, is alleged to be within the course of of selecting a brand new group for the subsequent two-and-half years. Just a few seniors may retain their place within the reshuffled Cupboard and Buggana’s is one amongst them, sources stated.