Tightrope walk for Amaravati
3 months, 3 weeks ago

Tightrope walk for Amaravati

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu has a big test in store in the form of the Herculean task of resuming and completing the delayed development of Amaravati during his tenure. Challenges ahead Mr. Naidu faces the challenge of re-engaging international partners, such as the Singapore government and Japan, who played a significant role in preparing the Amaravati master plan. On the financial front, the NDA government in Andhra Pradesh will meet the huge cost escalation of Amaravati’s reconstruction and realise the value of funds locked up in incomplete works. Following Mr. Naidu’s recent meeting with the Prime Minister, the Centre had come forward to bail out the Andhra Pradesh government with the Amaravati project. Union Finance Minister Nirmala Sitharaman’s statement in Parliament rekindled the hopes that the Centre would help the State government in taking the project forward.

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History of this topic

Andhra Pradesh CRDA approves additional capital works in Amaravati costing ₹2,723 crore
2 weeks, 4 days ago

Andhra Pradesh CRDA approves additional capital works in Amaravati costing ₹2,723 crore

The Hindu  

The Andhra Pradesh Capital Region Development Authority approved various building and infrastructure works in Amaravati costing about ₹2,723 crore in its 44th meeting held on Monday Briefing media persons about it, Municipal Administration Minister P. Narayana said that while focussing on transforming Amaravati into a vibrant capital city of global standards, the government was preparing plans to develop all the …

Rs 11,471 cr for Amaravati development
1 month, 1 week ago

Rs 11,471 cr for Amaravati development

Deccan Chronicle  

VIJAYAWADA: The Andhra Pradesh Cabinet on Tuesday gave its nod for implementation of works worth Rs 11,471 crore in capital Amaravati for its multifaceted development. Cabinet nod was given to the AP Information Technology Global Capability Centres Policy 4.0, the AP Textiles Garment Policy and the AP Maritime Policies. Briefing the media, information minister Kolusu Parthasarathy and urban development minister …

State to Complete Amaravati Development Works in 3 Years
2 months ago

State to Complete Amaravati Development Works in 3 Years

Deccan Chronicle  

The state government aims to complete all developmental works for capital Amaravati in three years. The minister stated that a meeting of the Capital Region Development Authority was held and took several key decisions, including the call for fresh tenders for several works except for those related to the high court and assembly. The World Bank has agreed to give …

Amaravati Project to Launch in December
4 months, 2 weeks ago

Amaravati Project to Launch in December

Deccan Chronicle  

Vijayawada: Municipal administration and urban development minister Ponguru Narayana on Saturday indicated that construction work at the new capital Amaravati is likely to start from December 1. He disclosed that Chief Minister Nara Chandrababu Naidu is keen on completing the Amaravati capital project within four years.“We are proceeding with our plans keeping this target,” Narayana said. CREDAI Andhra Pradesh chairman …

Budget 2024: ₹15,000 crore financial package to develop Andhra Pradesh’s capital city Amaravati
5 months, 2 weeks ago

Budget 2024: ₹15,000 crore financial package to develop Andhra Pradesh’s capital city Amaravati

Hindustan Times  

Presenting her seventh consecutive Budget, Union Finance Minister Nirmala Sitharaman on July 23 announced a special financial support package of ₹15,000 crore for development of Andhra Pradesh’s new capital city during the financial year 2024-25. Presenting the Union Budget 2024-25, FM Nirmala Sitharaman announced a ₹ 15,000 crore financial package for development of Andhra Pradesh's new capital city Amaravati “Recognizing …

Naidu’s Amaravati dilemma: where to start and how to proceed?
6 months, 3 weeks ago

Naidu’s Amaravati dilemma: where to start and how to proceed?

The Hindu  

While welcoming suggestions from people on how to develop the Amaravati capital city, particularly in the view of the “devastation caused to the infrastructure projects in the last five years under the YSRCP term,” Chief Minister N. Chandrababu Naidu said after a field visit to the capital region on June 20, that “he is not able to understand what to …

Three Capitals: Sajjala slams Opposition
1 year, 9 months ago

Three Capitals: Sajjala slams Opposition

Deccan Chronicle  

Vijayawada: Adviser to the government on public affairs, Sajjala Ramakrishna Reddy, has asked the opposition parties including the BJP to explain why they are opposing decentralisation and how to achieve the impossible – of procuring Rs 1 lakh crore for the establishment of the capital in Amaravati. He clarified that the Jagan Reddy government increased annuity and was developing Amaravati …

YSRCP govt. should develop Amaravati as the one and only capital of Andhra Pradesh, says BJP
2 years, 2 months ago

YSRCP govt. should develop Amaravati as the one and only capital of Andhra Pradesh, says BJP

The Hindu  

The State government has no option but to develop Amaravati as the one and only capital of the State, Bharatiya Janata Party MLC and the party’s State election in-charge Vakati Narayana Reddy said. “Though the Centre had provided ₹2,000 crore for developing the capital at Amaravati, the YSRCP government had resorted to delaying and diversionary tactics to cover up its …

Andhra Pradesh FM skirts Amaravati development in state budget
2 years, 9 months ago

Andhra Pradesh FM skirts Amaravati development in state budget

Deccan Chronicle  

VIJAYAWADA: The AP annual budget presented in the state assembly on Friday had no mention of Capital. Finance minister Buggana Rajendranath skirted the issue of Amaravati development in view of the recent high court verdict on the Three Capitals plan. The Amaravati farmers and Opposition parties including Telugu Desam had expectations that the budget would allot funds for Amaravati development. …

Andhra farmers’ protest to retain Amaravati as capital enters 200th day
4 years, 6 months ago

Andhra farmers’ protest to retain Amaravati as capital enters 200th day

Deccan Chronicle  

Vijayawada: TD president N. Chandrababu Naidu on Saturday appealed to Prime Minister Narendra Modi to intervene and save the Amaravati Capital City from “destructive strategies” of the Jagan Mohan Reddy government in the state. He told the PM that it is the duty of Central government to protect Amaravati in accordance with the spirit of AP Reorganisation Act, which recommended …

Fate of Amaravati hangs in a limbo
5 years ago

Fate of Amaravati hangs in a limbo

Deccan Chronicle  

Vijayawada: As many as 68 project works were under progress when the previous Telugu Desam government was voted out. On ground, the AP government led by Chief Minister Mr Y. S. Jagan Mohan Reddy stopped 47 works in Amaravati. According to reports, out of 29 villages making up the Amaravati capital region, some development was seen in Undavalli, Velagapudi and …

With projects scrapped, Jagan Reddy undoes Naidu’s vision of Amaravati
5 years, 1 month ago

With projects scrapped, Jagan Reddy undoes Naidu’s vision of Amaravati

Live Mint  

From the World Bank withdrawing its funding to the start-up area project being terminated, Andhra Pradesh chief minister Y.S. Jagan Mohan Reddy has majorly undone his predecessor N. Chandrababu Naidu’s pet project of building the Amaravati capital city, ever since the former came to power in May this year. ÄP industries minister Makapati Goutham Reddy, however, defended the government’s move, …

Andhra to keep finances in mind for Amaravati works
5 years, 4 months ago

Andhra to keep finances in mind for Amaravati works

India TV News  

Hinting that resumption of construction works in state capital Amaravati will take more time, the Andhra Pradesh government on Thursday said it would keep in mind the state's financial position while proceeding with the works. The first such meeting held by him since assuming office in May was held amid uncertainty on the capital's future created by statements of his …

Who will fund the Amaravati capital city project now?
5 years, 5 months ago

Who will fund the Amaravati capital city project now?

Live Mint  

With both the World Bank and Asian Infrastructure Investment Bank deciding to not fund the Amaravati capital city project in Andhra Pradesh, all eyes are on the state government as to how it will raise more funds for the same. The World Bank released a statement last week, clarifying that it took the decision based on the Government of India …

World Bank drops Chandrababu Naidu's ambitious Amaravati project from its list
5 years, 5 months ago

World Bank drops Chandrababu Naidu's ambitious Amaravati project from its list

India TV News  

The World Bank has decided not to fund Amaravati Sustainable Capital City Development Project, the ambitious project of former Andhra Pradesh chief minister Chandrababu Naidu. According to the website, the total project cost was USD 715 million with the World Bank planning to provide loan of USD 300 million. Some residents in the vicinity of the proposed city had written …

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