AP Govt in touch with banks for loans for deepsea port project

Image
Press Trust of India Machilipatnam (AP)
Last Updated : Mar 20 2018 | 7:55 PM IST

Andhra Pradesh government was in touch with various banks for obtaining loans for rehabilitation and compensatory packages to those who gave lands for the proposed for Machilipatnam deep sea port, minister for law and sports K Ravindra said here today.

State government was taking steps to obtain Rs 750 crore loan from banks for acquiring about 2000 acres of land and rehabilitating those who gave land for the project, he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Mar 20 2018 | 7:55 PM IST

Next Story