The Andhra Pradesh government will develop Visakhapatnam, Vijayawada and Tirupati as mega cities, Chief Minister N. Chandrababu Naidu said Thursday.
He told reporters after the first cabinet meeting in this coastal city that major towns in the state will be developed as smart cities.
Naidu, who has already hinted that the state capital will be built between Vijayawada and Guntur, said the development of new capital requirs Rs.4 to Rs.5 lakh crore.
The Telugu Desam Party (TDP), a partner in the ruling National Democratic Alliance (NDA) at the centre, will request the central government to extend the special category status to Andhra Pradesh to 15 years. The previous United Progressive Alliance (UPA) government had given this status for five years.
Pointing out that the state has a budget deficit of Rs.15,900 crore, Naidu said it required liberal assistance from the NDA government.
Naidu said many gas-based industries were likely to come to the state. He was confident work on the proposed petrochemical corridor will start soon. The TDP chief hoped that new industries will put the state on the path of development.
Naidu vowed to revive the electricity sector to ensure 24-hour supply to industrial and domestic sectors.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
