CM Chandrababu Naidu relaunches Amaravati project with three-year deadline

CM Chandrababu Naidu restarts the ‘dream project’ of Andhra’s capital Amaravati Andhra Pradesh Chief Minister N Chandrababu Naidu announced the formal relaunch of the Amaravati capital city project on Saturday, setting a three-year deadline for its completion. “Destiny has finally found its course. After five years of neglect and crushed hopes, Amaravati rises again today,” […] The post CM Chandrababu Naidu relaunches Amaravati project with three-year deadline appeared first on PGurus.

Oct 19, 2024 - 16:07
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CM Chandrababu Naidu relaunches Amaravati project with three-year deadline
After returning to power in June this year Naidu resumed work on Amaravati Project, which is now projected to cost approximately Rs.52,000 cr

CM Chandrababu Naidu restarts the ‘dream project’ of Andhra’s capital Amaravati

Andhra Pradesh Chief Minister N Chandrababu Naidu announced the formal relaunch of the Amaravati capital city project on Saturday, setting a three-year deadline for its completion.

“Destiny has finally found its course. After five years of neglect and crushed hopes, Amaravati rises again today,” Naidu stated, emphasizing the project’s significance for the people of Andhra Pradesh.

The Chief Minister made the announcement during the restart of work on the Andhra Pradesh Capital Region Development Authority (AP-CRDA) head office. He expressed gratitude to the citizens, particularly farmers, who maintained their vision for the capital through protests against previous government actions.

The original construction of the G+7 building at Rayapudi began in 2017 at an estimated cost of Rs.160 crore during Naidu’s earlier term as chief minister. However, following the YSR Congress Party‘s ascension to power in 2019, construction was halted as the government proposed a plan for three state capitals: Visakhapatnam, Kurnool, and Amaravati.

After returning to power in June this year with a strong mandate for the TDP-led NDA, Naidu resumed work on the capital city project, which is now projected to cost approximately Rs.52,000 crore. He also announced that Visakhapatnam would be developed as a financial hub, with plans for a High Court Bench in Kurnool.

Naidu criticized the previous YSRCP government, alleging that it intentionally derailed Amaravati’s development as part of a politically motivated agenda. He recalled that the TDP government had pooled over 34,241 acres of land from nearly 30,000 farmers and acquired an additional 4,300 acres, claiming it constituted the largest land pool in the world for a capital project. “All the hard work done in that period had been wasted by the YSRCP government,” he lamented.

Highlighting renewed investor confidence since the NDA government’s formation, Naidu asserted that international lending agencies, including the World Bank, are once again showing interest in supporting the project. He dismissed claims from the previous administration that Amaravati would cost Rs.1 lakh crore, emphasizing his vision for a self-financed capital.

With aspirations for future state development encapsulated in his “Vision 2047,” Naidu remarked, “The ‘420s’ can’t understand my vision,” signaling his commitment to rebuilding Amaravati as a vibrant capital for the people of Andhra Pradesh.

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The post CM Chandrababu Naidu relaunches Amaravati project with three-year deadline appeared first on PGurus.

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