Andhra capital Amaravati gets World Bank approval for USD 800 million loan
3 days, 15 hours ago

Andhra capital Amaravati gets World Bank approval for USD 800 million loan

India Today  

The World Bank has given the green light to fund the development of Amaravati, Andhra Pradesh’s new capital city. The USD 800 million loan, approved on Thursday in Washington, will help establish Amaravati as a major economic centre in the state. “The World Bank’s Board of Executive Directors yesterday approved the USD 800 million Amaravati Integrated Urban Development Program aimed at establishing the city as a well-managed, climate-resilient growth center in Andhra Pradesh that generates jobs and improves the lives of its current and future residents, especially the most vulnerable,” a World Bank press release said. The Indian government requested this loan to develop Amaravati as an economic hub and the state capital of Andhra Pradesh, the World Bank said.

India World Bank Capital City World Bank Amaravati  urban  capital  city  loan  bank  amaravati  gets  development  usd  world  approval  andhra  million

History of this topic

New Year to Herald Work on Capital Amaravati
Trending News
19 hours, 16 minutes ago

New Year to Herald Work on Capital Amaravati

Deccan Chronicle  

Vijayawada: Chief Minister Nara Chandrababu Naidu will start his Amaravati 2.0 capital at the beginning of New Year 2025, aiming to complete the world-class capital in three years. A recent cabinet meeting headed by him granted permission to the CRDA to undertake 45 engineering works worth Rs 33,137.98 crore for construction of quarters for IAS officers, gazetted officers and class …

Former bureaucrat urges Chief Minister to focus on developing North Coastal Andhra and Rayalaseema, not just Amaravati capital
1 day ago

Former bureaucrat urges Chief Minister to focus on developing North Coastal Andhra and Rayalaseema, not just Amaravati capital

The Hindu  

Sarma from the city has written a letter to Chief Minister Nara Chandrababu Naidu, urging him to focus on the development of North Coastal Andhra and Rayalaseema as well. He said that by focussing on Amaravati alone and investing ₹50,000 to ₹60,000 crore in the name of development of Amaravati Capital, injustice will be done to these two regions. He …

World Bank approves USD 800 mn loan for Amaravati construction
3 days, 5 hours ago

World Bank approves USD 800 mn loan for Amaravati construction

Deccan Chronicle  

Amaravati: The World Bank's Board of Executive Directors has approved USD 800 million Amaravati Integrated Urban Development Program for building Andhra Pradesh's greenfield capital city Amaravati, the international development said on Friday. "The World Bank's Board of Executive Directors yesterday approved the USD 800 million Amaravati Integrated Urban Development Program aimed at establishing the city as a well-managed, climate-resilient growth …

Amaravati development: World Bank approves $800 million loan
3 days, 6 hours ago

Amaravati development: World Bank approves $800 million loan

The Hindu  

In a major boost to the development of Amaravati, the greenfield capital city of Andhra Pradesh, the World Bank on Thursday approved the $800 million loan for the Amaravati Integrated Urban Development Program. approves works worth ₹24,276 crore in capital city of Amaravati Tano Kouame, the WB’s Country Director for India, stated that with its urban population expected to double …

Andhra Pradesh approves Rs 24,276 crore for Amaravati infrastructure projects
6 days, 15 hours ago

Andhra Pradesh approves Rs 24,276 crore for Amaravati infrastructure projects

India Today  

The Andhra Pradesh Capital Region Development Authority, chaired by Chief Minister N Chandrababu Naidu, has approved infrastructure projects worth Rs 24,276 crore for the development of greenfield capital Amaravati, Municipal Minister P Narayana announced on Monday. "The 43rd CRDA meeting approved Rs 24,276 crore funds for the construction of trunk roads, layouts, and iconic bhavans in Amaravati capital," he stated. …

Amaravati will also be a hub for employment, education, healthcare: Naidu
Trending News
1 week, 3 days ago

Amaravati will also be a hub for employment, education, healthcare: Naidu

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu has asserted that Amaravati is a people’s capital, and will also provide employment opportunities for the youth. On the second day of the Collectors’ conference on December 12, 2024, Mr. Naidu reviewed the construction of the capital city Amaravati. Mr. Naidu said several knowledge economy universities were coming to the region. Earlier, CRDA …

Andhra government approves Amaravathi development works worth Rs 8,821 crore
1 week, 5 days ago

Andhra government approves Amaravathi development works worth Rs 8,821 crore

India Today  

The TDP-led government in Andhra Pradesh on Tuesday approved development works worth Rs 8,821.44 crore for the capital city of Amaravathi. He also said that the CRDA, at its previous meetings, approved works worth Rs 11,471 crore, which has now increased to Rs 20,292.46 crore following Tuesday's meeting. Pointing out that tenders had been called for works worth Rs 41,000 …

Amaravati set for transformation as projects worth Rs 11,000 crore approved
2 weeks, 6 days ago

Amaravati set for transformation as projects worth Rs 11,000 crore approved

India Today  

In a significant boost to Amaravati's development, the Capital Region Development Authority has approved projects worth Rs 11,467 crore. As part of the plan, Rs 2,498 crore has been allocated for constructing 360 kilometres of trunk roads aimed at enhancing connectivity within the capital region. Water management infrastructure, including reservoirs and gravity canals across Pala Vagu and Kondaveeti Vagu, will …

London architects to design Amaravati towers
3 weeks, 5 days ago

London architects to design Amaravati towers

Hindustan Times  

London-based architects Norman Foster and Partners is back into action in the Andhra Pradesh capital of Amaravati by bagging the contract for designing the new government complex, which forms the central focus of the 217-sqkm capital city, officials aware of the matter said on Tuesday. London architects to design Amaravati towers The AP Capital Region Development Authority approved the tenders …

APCRDA to sign agreement with World Bank, ADB for Amaravati capital city loan
1 month, 1 week ago

APCRDA to sign agreement with World Bank, ADB for Amaravati capital city loan

Hindustan Times  

In yet another step towards construction of Andhra Pradesh capital city of Amaravati, senior officials of the AP Capital Region Development Authority on Tuesday held negotiations with the representatives of the World Bank and the Asian Development Bank in New Delhi to sign an agreement for securing a loan of US $1.786 bn for the project, people familiar with the …

State to Complete Amaravati Development Works in 3 Years
1 month, 2 weeks 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
3 months, 4 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
4 months, 4 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 …

Amaravati: The promised land
5 months, 3 weeks ago

Amaravati: The promised land

The Hindu  

In Thullur in Guntur district of coastal Andhra Pradesh, people still wince when they remember the sound of armed police personnel marching through the narrow lanes of the village about four years ago. The situation was so bad that we had to show our Aadhaar cards to step out of our homes.” A. Rajani, a farmer from Thullur, says, “Not …

Amaravati Capital will be completed in two years: Ponguru Narayana
6 months, 1 week ago

Amaravati Capital will be completed in two years: Ponguru Narayana

New Indian Express  

NELLORE: Minister for Municipal Administration and Urban Development Ponguru Narayana has reiterated his commitment to complete the construction of Amaravati Capital City within two years, as originally envisioned by Chief Minister N Chandrababu Naidu to make it one of the top five cities globally. Hitting out at the YSRC regime for increasing taxes and introducing the burdensome garbage tax, Narayana …

What's next for Amaravati, the dream capital of Andhra Pradesh CM Chandrababu Naidu?
6 months, 1 week ago

What's next for Amaravati, the dream capital of Andhra Pradesh CM Chandrababu Naidu?

Hindustan Times  

On October 22, 2015, Prime Minister Narendra Modi laid the foundation stone for Amaravati, envisioned as the ‘futuristic capital’ of Andhra Pradesh. **EDS: IMAGE VIA PMO** Amaravati: Prime Minister Narendra Modi with TDP supremo and Andhra Pradesh Chief Minister-designate N Chandrababu Naidu at the latter's swearing-in ceremony, in Amaravati, Wednesday, June 12, 2024. Eight years and seven months later, with …

Amaravati is BJP's priority as capital: Veerraju
1 year, 6 months ago

Amaravati is BJP's priority as capital: Veerraju

Deccan Chronicle  

ANANTAPUR: BJP state unit president Somu Veerraju said on Wednesday that his party was firm on keeping Amaravati as the state capital and would provide all necessary amenities including connectivity from other districts, if it is elected to power. “We also helped get three new trains to Amaravati, he said. In addition, the Centre had sanctioned funds for three flyovers …

Amaravati will remain as capital of Andhra Pradesh and no scope for three capitals: Chandrababu Naidu
1 year, 7 months ago

Amaravati will remain as capital of Andhra Pradesh and no scope for three capitals: Chandrababu Naidu

The Hindu  

Stating that the Amaravati will remain as only capital for Andhra Pradesh forever, Telugu Desam Party president N. Chandrababu Naidu criticised that Chief Minister Y.S. Mr. Naidu said that the farmers at Amaravati came forward and gave 33,000 acres under the Land Pooling Scheme, for the development of the capital city. Mr. Naidu said, “Had Mr. Jagan revealed his idea …

Visakhapatnam has all the trappings of a capital city and is a ‘plug-and-play’ facility, asserts Subba Reddy
2 years, 2 months ago

Visakhapatnam has all the trappings of a capital city and is a ‘plug-and-play’ facility, asserts Subba Reddy

The Hindu  

Justifying the decision to make Visakhapatnam the Executive Capital of the State, Tirumala Tirupati Devasthanams Chairman and YSR Congress Party regional coordinator Y.V. In contrast, we need to invest more than ₹2 lakh crore in Amaravati to make it operational as a capital city,” Mr. Subba Reddy told The Hindu here on Friday. We are retaining it as the Legislative …

Andhra Pradesh restarts efforts to develop Amaravati
2 years, 3 months ago

Andhra Pradesh restarts efforts to develop Amaravati

Deccan Chronicle  

VIJAYAWADA: The YSRC government resumed its efforts to handle the Amaravati issue by proposing the area’s development as a municipality with inclusion of 22 villages in it. As the earlier efforts of establishing AMC proved futile, the government now decided to establish Amaravati Municipality with 22 villages in which 19 villages belong to Thullur Mandal and rest three to Mangalagiri …

Funds shortage slows Amaravati development
2 years, 8 months ago

Funds shortage slows Amaravati development

Deccan Chronicle  

VIJAYAWADA: Government adviser Sajjala Ramakrishna Reddy on Saturday maintained that no deadline can be given for the development of Amaravati as funds are the main constraint. Owing to the financial crunch, AP Chief Secretary has accordingly filed an affidavit in the AP High Court providing all details, Ramakrishna Reddy said. Jagan Mohan Reddy’s explanation that ₹ 1 lakh crore will …

Amaravati is ‘the’ capital, rules HC
2 years, 9 months ago

Amaravati is ‘the’ capital, rules HC

New Indian Express  

June 2, 2014 - Andhra Pradesh Reorganization Act comes into force September 1, 2014 Location of new capital city finalised December 30, 2014 APCRDA Act comes into effect and APCRDA was established January 2015 Voluntary land pooling scheme announced March 2015 - Consent for 33,000 acres obtained from farmers May 25, 2015 - Submission of Capita City Plan by the …

Discover Related