The president of the Organization for the Protection of Democratic Rights, Mayakunta Srinivasulu, while leading the Dharna on the occasion of the 82nd anniversary of the pact, said that the allocation of water from the river was a key issue that remained unresolved despite an agreement that Rayalaseema would receive equal quanta and priority in the allocation of irrigation water. People may confuse Sri Bagh and the Gentleman`s Agreement. While the Sri Bhag Agreement exists between the rulers of Coastal Andhra and Rayalaseema, the Gentlemen`s Agreement exists between the rulers of Andhra and Telangana. In 1956, when the states were reorganized on the basis of language, it was proposed to merge the Telugu-speaking areas of the state of Hyderabad with the state of Andhra. The heads of state in Hyderabad feared the merger, so the gentleman`s agreement was reached on 20 October. It was signed in 1956 by the heads of state of Hyderabad and Andhra at Hyderabad House in New Delhi under the jurisdiction of Prime Minister Jawaharlal Nehru to protect the rights of the Telangana region. It was an agreement to develop the Rayalaseema region on an equal footing with the coastal areas and to achieve the development of all regions before the formation of the province of Andhra. On November 16, 1937, the leaders of the two regions campaigned for an agreement in Sribagh, the home of Kashinathuni Nageshwara Rao, a well-known media owner, founder of Andhra Patrika and Amrutanjan. The committee discussed the conditions that must be met if Rayalaseema were to cooperate with the coastal districts to apply for a province of Andhra.
This agreement became known as the Sribagh Pact or Sribagh Agreement. Several popular organizations and leaders of the Rayalaseema movement organized a dharna at the Tower Clock Center of the city on Saturday to receive Rayalaseema dues in accordance with the provisions of the Sribagh Agreement between Rayalaseema and Coastal Andhra of November 16, 1937. On October 1, 1953, the state of Andhra was created and Kurnool became the capital of the new state, under the terms of the Sribagh Pact between the rulers of coastal Andhra and Rayalaseema. The agreement was that if the Supreme Court was established in the Coast of Andhra, the capital would be in Rayalaseema, but the people here had been deceived and the capital and the Supreme Court had been established there, he noted. The signatories of the agreement were K. Koti Reddy, Kalluri Subba Rao, L. Subbarami Reddy, Bhogaraju Pattabhi Seetharamayya, Konda Venkatappyya, Pappuri Ramacharyulu, R.Venkatappa Naidu, H. Seetharama Reddy` Since the British takeover of South India in the late 18th century, Andhra had merged with the state of Madras. When the separate Movement of andhra began, the coastal leaders of andhra lobbied for the support of Rayalaseema`s leaders to strengthen the issue. But the leaders of Rayalaseema were not willing to go hand in hand with the coastal guides, as they had their own doubts about the development of their region. On November 16, 1937, the leaders of the two regions campaigned for an agreement at Kashinathuni Nageshwara Rao, a well-known media owner and Amrutanjan, known as Sribagh. Therefore, this agreement became known as the Sribagh Agreement.
 The Pact of Sribagh is an agreement between the political leaders of the coastal regions of Andhra and Rayalaseema during the separate Andhra on November 16, 1937. Historically, the Sribagh Agreement has been an important issue for the people of the Rayalaseema region in terms of development issues due to the attitude of the Andhra leaders at the time. Andhra University was inaugurated on April 26, 1926, based in Bezawada. But the question of the center and location of the headquarters created problems. Shortly after the inauguration, the university union sent a proposal to the Madras government to have a fourth center also in Bezawada. The Ministry of Education refused to do so for financial reasons. The university decided to move a center from Rajahmundry to Bezawada. The people of Rajahmundry wanted a headquarters in return. Amid the conflict between the two cities, Waltair was elected the university`s seat in 1929.