Amaravati’s Insurance of 15000 Crores Against Thuglaqs
According to reports, the World bank and the Asian Development bank (ADB) have reached an agreement in principle to lend amaravati Rs. 15 crore. From this month's 19th to the 27th, a group of ten representatives from the World bank and Asian Development bank will do a thorough tour of the city. Officials from the CRDA and the state government will talk about a number of topics pertaining to loan sanctions. It is known that on the 10th and 12th of this month, a four-person World bank team traveled to amaravati and met with chief minister Chandrababu.
If authorized, this financing will significantly advance the amaravati project and offer a boost to its momentum. By the next election, amaravati should be in a respectable form if the current pace is maintained. After that, Thuglaq's actions, such as shifting the capital, will not be possible. The World bank has offered to lend the AIIB and itself Rs. 3,500 crore in the first tranche for capital development projects that need to be completed by 2019.
When the government changed, the procedure was halted after the required steps were finished. The Central Finance Department was informed by the then-chief minister jagan that amaravati did not require a loan. Later, in the name of three capitals, we witnessed jagan engage amaravati in a vicious game. Because of how he mistreated the farmers in amaravati, Karma has returned to haunt the ysr Congress.
According to reports, the World bank and the Asian Development bank (ADB) have reached an agreement in principle to lend amaravati Rs. 15 crore. From this month's 19th to the 27th, a group of ten representatives from the World bank and Asian Development bank will do a thorough tour of the city. Officials from the CRDA and the state government will talk about a number of topics pertaining to loan sanctions. It is known that on the 10th and 12th of this month, a four-person World bank team traveled to amaravati and met with chief minister Chandrababu.
If authorized, this financing will significantly advance the amaravati project and offer a boost to its momentum. By the next election, amaravati should be in a respectable form if the current pace is maintained. After that, Thuglaq's actions, such as shifting the capital, will not be possible. The World bank has offered to lend the AIIB and itself Rs. 3,500 crore in the first tranche for capital development projects that need to be completed by 2019.
When the government changed, the procedure was halted after the required steps were finished. The Central Finance Department was informed by the then-chief minister jagan that amaravati did not require a loan. Later, in the name of three capitals, we witnessed jagan engage amaravati in a vicious game. Because of how he mistreated the farmers in amaravati, Karma has returned to haunt the ysr Congress.
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