Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Resumption of Construction Revives Amaravati
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Andhra Pradesh capital Amaravati springs back to life as construction work resumes
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Nation > Resumption of Construction Revives Amaravati
Nation

Resumption of Construction Revives Amaravati

October 19, 2024 3 Min Read
Share
SHARE

In a significant development, the Andhra Pradesh government has resumed the construction works of the Greenfield Amaravati Capital project on Saturday.

Chief Minister N Chandrababu Naidu officially restarted the work of the ₹160 crore Headquarters of the Capital Region Development Authority (CRDA) in Uddamdarayapalem in Tullur mandal of the capital region, which was halted in 2019 by the YSR Congress Party Government led by Y S Jagan Mohan Reddy.

Naidu expressed, “With this resumption of work, we began to rewrite the history of the State. I was criticized when I gave 5,000 acres of land to Shamshabad airport. Today, even that 5,000 acres of land has been well-utilized.”

He also mentioned that over 30,000 farmers pooled in nearly 34,200 acres for the capital with trust in the government. Including Government land, a total of 54,000 acres were pooled in for the new capital, which was the first of its kind.

Lamenting the previous government’s decision to halt the construction work and change the capital plan, Naidu said that the World Bank had agreed to provide a loan for Amaravati, and the construction of the new capital would proceed with ‘jet speed.’

Amaravati would be an ideal location for the capital as it is centrally located in the State, Naidu said while emphasizing balanced regional development. Visakhapatnam will be developed as a financial capital, along with setting up a High Court Bench and industries in Kurnool.

“I have requested the Centre for a Bullet Train for the State, which should connect Bangalore, Hyderabad, Amaravati, and Chennai,” he added.

The original estimate of the ₹48,000 crore mega capital project is likely to be revised upwards by about ₹5,000 to ₹10,000 crore due to the escalation of costs in the last five years and the adverse impact of the sudden halt of works in 2019.

The revised bids will be called by the Government by the end of December. While the CRDA Headquarters will be completed in the next four months, the first iconic tower for other administrative offices, Assembly, and High Court is expected to be ready in 2027.

After the NDA government assumed office in July, contracts for clearing the shrub jungle in the capital region were awarded, and the work has already been completed.

TAGGED:National NewsNews
Share This Article
Twitter Copy Link
Previous Article GST: GoM decides to cut GST on 20-litre water bottles, bicycles to 5%; raise rate on shoes, watches GST cuts on water, bikes; hikes on shoes, watches.
Next Article Congress is unhappy with Samajwadi Party's offer of 2 seats in UP bypolls, wants 3 seats instead Congress demands three seats in UP bypolls from Samajwadi Party.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Dembele clinches Ballon d'Or, Bonmati wins 3rd straight women's title - check full list of winners

Dembele Takes Ballon d’Or; Bonmati Secures Third Consecutive Women’s Title – Full Winners List!

September 23, 2025
Seshaasai Technologies to hit IPO market today in ₹402-423 price band

Seshaasai Technologies Launches IPO Today at ₹402-423 Price Range

September 23, 2025
IT stocks drag market amid H-1B visa fee worries, Sensex, Nifty down despite GST boost

IT Stocks Weigh on Market as H-1B Visa Fees Rise, Sensex Falls

September 23, 2025
Parents hoping to adopt orphans of Wayanad landslide may not have their wish granted

Adoption Hopes for Wayanad Landslide Orphans Face Major Setbacks

September 23, 2025
Apex body to oversee all modes of transport likely

Unified Oversight Committee Poised to Enhance All Transportation Modes

September 23, 2025
Share Market Today Live Updates 23 September 2025: Stock to buy today: Gujarat Fluorochemicals (₹3,888) – BUY

Today’s Top Buy: Gujarat Fluorochemicals at ₹3,888 – Expert Recommendation

September 23, 2025

You Might Also Like

Finance Ministry notifies 10-year Zero Coupon Bond of Power Finance Corporation
Economy

PFC Unparalleled Zero Coupon Bond

3 Min Read
Markets extend recovery as Adani stocks lead rally; HCL Tech tumbles 
Economy

Adani stocks lead market rally; HCL Tech sees steep fall

2 Min Read
Congress MP gives adjournment notice in Lok Sabha, asks govt to explain “Concessions” to the US in tariffs
Nation

Congress MP Seeks Clarity on Tariff Concessions to US in Lok Sabha

2 Min Read
Adani Enterprises stock rises as US Prez Trump pauses FCPA;
Economy

Adani Enterprises Surges as Trump Halts FCPA Enforcement

2 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?