Page 2 - Amaravati

World Bank, ADB commit $1.6 bn for Andhra capital Amaravati from Jan 2025

The World Bank along with the Asian Development Bank in principle has committed to fund USD 1600 million (Rs 13,600 crore) for Amaravati capital city phase-I development and will start releasing the amount from January next year, a senior official of the Andhra Pradesh government has said. Of the total cost of Rs 15,000 crore for the phase-I development, the Central government will be funding the remaining Rs 1,400 crore, the official said, adding the total amount from the World Bank should be drawn within five years. The International Bank for Reconstruction and Development (IBRD), part of the World Bank, which provides loans and guarantees, among others and ADB will be funding USD 800 million (Rs 6,800 crore) each for the project. The repayment of the WB and ADB loans will be taken care of by the Centre, the official said. "The project is being funded jointly by the World Bank and Asian Development Bank. The funds will be released starting from January 30, 2025 or it can happen e

Amaravati's revival: Andhra farmers weave capital dreams, once again

The landscape of Amaravati is dotted with unfinished edifices: Skeletal frames of ministerial bungalows, judges' residences, govt offices, and other structures lie in varying stages of incompleteness

Real estate prices set to soar in Amaravati with push from new Andhra govt

After a lull of five years, real estate prices in Andhra Pradesh's Amaravati region are set to soar with several land dealings expected to close as the regime in the state transitioned from YS Jagan Mohan Reddy-led YSRCP to N Chandrababu Naidu-helmed NDA, breathed new life into the hitherto abandoned city project. The Andhra Pradesh Capital Region Development Authority has already notified eight tenders, calling for jungle clearance along several roads in Amaravati even as Chief Secretary Neerabh Kumar Prasad, accompanied by other key officials such as CRDA Commissioner Vivek Yadav, has already visited the region to take stock of the situation. YV Ramana Rao, president, Andhra Pradesh chapter, Confederation of Real Estate Developers Association of India (CREDAI) claimed that land prices in Amaravati started inflating two months before the 2024 simultaneous Lok Sabha and Assembly polls, anticipating Naidu's win. According to the CREDAI office-bearer, up to 50,000 acres of land ...

Amaravati: IMD releases warning for next 5 days, heavy rainfall forecast

If you plan to go outside for shopping ahead of Diwali this week, then this week's downpour schedule may ruin them away. The India Metrological Department (IMD), Amaravati released weather warnings on Sunday.IMD Metrological Centre, Amaravati has forecasted light to moderate-intensity rain in the region for the next five days.According to IMD, heavy rain is likely at isolated places in the Rayalaseema region and thunderstorms accompanied by lightning are likely at isolated places in NCAP & Yanam, SCAP and Rayalaseema for the next three days.On days 4-5, October 12-13, IMD Metrological Centre forecasted heavy downpours at isolated places in SCAP and Rayalaseema. "Thunderstorm accompanied with lightning likely at isolated places in NCAP & Yanam, SCAP and Rayalaseema", IMD statement read.The parts of the national capital also received continuous heavy rainfall on Saturday.The reported rains in Delhi amount to 74.3mm, 87.2mm, and 85.2mm at SFD, Lodhi Road, and Ayaynagar ...

Andhra CM defends 3-capital formula amid fresh protest by Amaravati farmers

He also dismissed the argument that Amaravati can be developed as a capital city through a self-financing model and pointed out that only 4,997 acres of land was available for sale

Hanuman Chalisa: Javadekar calls arrest of Navneet Rana, Ravi 'illegal'

In the wake of the highly-politicised Hanuman Chalisa row in Mumbai, BJP MP Prakash Javadekar hit out at the Maharashtra government for the arrest of MP Navneet Rana and her MLA husband Ravi Rana

Amaravati should remain sole capital of AP, say political parties

The Andhra Pradesh Legislative Assembly last month passed a Bill to repeal An Act that was intended to establish three capitals for the state

Three capitals of Andhra Pradesh: The plan on pause, not scrapped

All began with the division of Andhra Pradesh and Hyderabad becoming the capital of Telangana

SC stays Andhra HC order to examine constitutional breakdown in state

The Andhra Pradesh High Court has sought to examine whether there is a breakdown of constitutional machinery in the state

Amaravati land scam case: SC stays Andhra Pradesh HC's gag order to media

The Supreme Court Wednesday stayed the Andhra Pradesh High Court direction restraining the media from publishing news regarding an FIR lodged on alleged irregularities in land transactions in Amaravati. A bench headed by Justice Ashok Bhushan said that the high court shall not decide till January last week the pending matter which relates to the alleged illegal land transactions in shifting of the state capital to Amaravati. The bench, also comprising Justices R S Reddy and M R Shah, refused to stay at this stage the other directions of the high court including the stay on probe into the FIR in the matter. The apex court passed the order while hearing an appeal filed by Andhra Pradesh government against the September 15 order of high court. The top court, which did not issue notice to chief minister Y S Jagan Mohan Reddy on the appeal, sought responses from others including the Director General of Police of Andhra Pradesh and the state's former advocate general on whose plea the h

AP govt seeks revival of SIT probe in Amaravati land case, SC issues notice

The Supreme Court issued notice on an appeal filed by the Andhra Pradesh government challenging the stay granted by the Andhra Pradesh High Court into the Amaravati land acquisition

Andhra govt to set up panel on feasibility of having at least 3 capitals

Expert committee recommends vesting legislative, executive and judicial functions with Amaravati, Vizag and Kurnool, representing three broad regions for fair and equitable development of the state

Farmers in Amaravati protest against AP CM Jagan's idea of 3 capitals

The Chief Ministers statement triggered widespread protests, particularly in the central coastal region of the state

Pall of gloom pervades Andhra's Amaravati as work grinds to a halt

40,000 workers from other states left in the lurch, real estate business takes a battering, farmers get a raw deal on the land they surrendered for Andhra Pradesh's new capital

AP govt ends tie-up with Singapore consortium, scraps Amaravati project

Singapore govt says closure based on mutual consent between AP govt and Singapore Consortium, as former had "other priorities for the state"

Andhra Pradesh stares at slowdown after govt applies brakes on Amaravati

Chief minister Y S Jagan Mohan Reddy ordered to stop all those capital city-related contracts that have less than 25 per cent progress

Dropped Amaravati project as Centre withdrew finance request: World Bank

Chandrababu Naidu blamed the YSR Congress government for the World Bank's action

World Bank decides not to fund project to build AP's new capital Amaravati

World Bank 'drops' project after getting complaints from civil society groups that the project will displace thousands.

Amaravati to adopt district cooling in govt bldgs, signs deal with UAE firm

It's a 30-year agreement to build, own, operate and transfer a cooling capacity of 20,000 refrigeration tons; first such system was set up in India at GIFT city

Three years on, no basic infrastructure in new Andhra capital: Congress

Opposition alleges that the grant was utilised for building the Raj Bhavan and other structures specified by the govt