Andhra Pradesh has extended a government guarantee and a letter of comfort to CRDA to help secure a Rs 7,500 crore NaBFID loan for Amaravati’s development. The guarantee covers principal and interest, taking effect only if CRDA defaults
Already sitting on a land bank of 54,000 acres of land for the greenfield capital city, the government is in the process of pooling another 40,000 acres in its endeavour to build a megapolis by combining Mangalagiri, Vijayawada, Guntur, and Tadepalli with Amaravati.
As part of the ongoing proceedings of the Krishna Water Dispute Tribunal-II, Telangana's legal team, led by Senior Counsel Mr. C S Vaidyanathan on Thursday strongly argued for the reallocation of water resources
According to the Chief Secretary, there is no shortage of funds for Amaravati, as the State has secured substantial financial backing from institutions such as the World Bank, HUDCO, and the Asian Development Bank (ADB)
Former minister Kakani Govardhan Reddy said be it the multi crore scams like Skill Development, Fibrenet, inner ring road alignment, assigned lands in capital region or Margdarsi, the coalition government is putting all its force to tamper with the evidence and weaken cases
Amaravati: The Andhra Pradesh government has made it clear that it would be impossible to construct the capital meeting the deadline set by the Andhra Pradesh High Court. Chief Secretary Sameer Sharma submitted a 190-page affidavit to the high court with respect to its verdict on the Amaravati capital issue here on Saturday, as the […]
