Accordingly, the Ministry of Finance, Government of India has approved Rs. 1500 crore by way of Budgetary Support for providing support to new Capital of Andhra Pradesh. This would include Rs. 1000 crore for support to essential amenities for the new Capital of Andhra Pradesh for which necessary approval has been given to Ministry of Urban Development.
Another Rs. 500 crore has been approved which would be spent exclusively for construction of Raj Bhavan, State Secretariat, State Assembly and High Court etc. in the new Capital of Andhra Pradesh.
A letter of approval has also been sent by the Ministry of Finance, Government of India to the Union Ministry of Urban Development in this regard.
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