Andhra govt approves roadworks worth Rs 2,723 crore in Amaravati
The Andhra Pradesh government approved road infrastructure works worth Rs 2,723 crore in Amaravati. The funds will be used for building layout roads. So far, funds for works worth Rs 47,288 crore have been approved. Loans for Amaravati will be rep...

"Funds for works worth Rs 47,288 crore were approved until now during Capital Region Development Authority (CRDA) meetings for the development of Amaravati," said Narayana, addressing a press conference at the secretariat.
According to the Minister, approval for some of the remaining works will be given within this month.
Further, Narayana asserted that the state government will not pass on the cost of building the greenfield capital city to the people of state.
He highlighted that the loans taken for Amaravati will be repaid by selling the land pooled for the greenfield capital city from farmers.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.