అమరావతి DEAD Project ? Financial Perspective

[andhra_jp]

After his electoral victory in Andhra Pradesh, Naidu faces the challenge of revitalising Amaravati while grappling with severe financial constraints.

The Andhra Pradesh government estimated that the total cost of developing Amaravati would be around ₹50,000 crore. 

 

Financial woes

The development of Amaravati came under financial scrutiny last September, with India's Comptroller and Auditor General (CAG) raising concerns about economic management. The CAG's report has highlighted issues such as cost overruns, delays in land acquisition payments, and discrepancies in the allocation of plots to farmers. By 2019, the state had already spent over ₹15,000 crore on the project, with little to show.

In addition, Andhra Pradesh has a massive debt of over ₹4 lakh crore. This substantial financial strain presents a significant challenge for any government attempting to revive Amaravati. The debt burden makes it difficult to allocate funds for new developments, and urgent attention is required to address the state's fiscal health. These financial difficulties further complicate the already challenging task of reviving Amaravati.

Current state of Amaravati

Currently, Amaravati remains to be determined. The cityscape is marked by partially constructed buildings, abandoned sites, and large stretches of empty land. The infrastructure crucial for supporting a thriving metropolis is yet to be completed. Government offices, intended to be the nerve centre of the state's administration, are still operating out of temporary accommodations. Promised high-speed rail links, green spaces, and innovative city features are nowhere to be seen.

Despite the challenging situation, there are signs of development. Some educational institutions and private sector projects have been established, bringing some activity to the region. However, these are just glimpses of what could have been a flourishing urban centre.

As one walks through the streets of Amaravati, the stark contrast between the grand vision and the current reality becomes evident. Unfinished buildings and empty roads illustrate suspended dreams and dashed hopes. Nevertheless, there is a palpable sense of anticipation. Chandrababu Naidu's return has reignited the belief that Amaravati can still evolve into the world-class city it was intended to be.

Road ahead for Naidu and Amaravati

In the wake of the recent electoral victory, Naidu faces the challenge of revitalising Amaravati while grappling with severe financial constraints. The state is burdened with a debt of over ₹4 lakh crore, posing significant hurdles to securing funds for large-scale projects. Naidu must utilise his political alliances at the Centre to obtain financial support and investments.

A new dawn?

 

The future of Amaravati hangs in the balance, caught between ambitious aspirations and harsh reality. Naidu's return to power brings hope to those who believe in the city's potential. However, the journey ahead is filled with challenges - financial constraints, political opposition, and the need to rebuild trust with the people.

 

[VictoryTDP]

Centre nundi pinduthadu 

[JambaKrantu]

50k crores konchem welfar schemes taggiste easy gaa gather cheyochu. Also Center ki 50k crores jujubi. Ee sari I expect good development in Amaravathi in 5 years. Farmers ki plots will be handed over and basic amenities and infra will be ready. CBn will make sure of that. 

[AndhraPickles]

Amaravathi is an emotion relating to 18000 farmers....and 2 crore youth of AP.....mata madatha....venakadugu undakoodadu.......

[Android_Halwa]

Its a mere real estate project, undertaken to create wealth around the capital for the benefit of a few. 

Generations will suffer..

[ariel]

Just now, Android_Halwa said:

Its a mere real estate project, undertaken to create wealth around the capital for the benefit of a few. 

Generations will suffer..

mundu nuv baga suffer ayi poyela unnav peru vintene 

[halwafan]

it's going to end up as an anti-cosmopolitan city with control being in clutches of only few.. with great income disparities and wealth inequality.. other people will know their mistake in backing it, down the lane post 20 years.. 

anyway, golden chance for pulkas, congrats guys. 

[appusri]

Jagan gaadu rangulu vesi theesendhuke 3K Crore spend chesaadu. Appule 10L crore chesi velthunnaadu. 50K Crore ante peddha kashtam em kaahdu. Capital leni state ki 50K spend cheyyadam worth. Jaggadu Vizag lo dhochina bhumule 50K crore kante ekkuva. 30K acres farmers isthe..dhantlo dhochukuntunnaaru fake pracharlu chesthaadu. Jaggadu elections munde Selamashetty Suneel, GreenCo company ke 50K acres icchaddu.

[tables]

Big scale IT and service sector growth is done.

youth in AP are expecting CBN to build another Hyderabad in amaravathi but it is not possible. Yes, with support from center now some basic infra can be built but growth will only come when high paying jobs are created.

[jalsa01]

Amma vodi ke 10k cr per yr ade etu chesi unte epatiki ooo range capital iyyedi

[verrigadu]

3 hours ago, VictoryTDP said:

Centre nundi pinduthadu 

yeemi pinduthaadu??

Akkada UPA lo loose partners chaala mandhi vunnaaru.

CBN regular gaa cheese blackmail politics cheesthe, ModiShah coalition partner ni change cheesi mingutaaru.

 

[verrigadu]

51 minutes ago, tables said:

Big scale IT and service sector growth is done.

youth in AP are expecting CBN to build another Hyderabad in amaravathi but it is not possible. Yes, with support from center now some basic infra can be built but growth will only come when high paying jobs are created.

arei baabu..nee DP lo Shaaru photo yeendhiraa antha baagundhi..

is it photo shopped a bit??

aa saree lo strip cheesthe..naa saami Ranga

instant erection vochindhi naaku..

[verrigadu]

2 hours ago, halwafan said:

it's going to end up as an anti-cosmopolitan city with control being in clutches of only few.. with great income disparities and wealth inequality.. other people will know their mistake in backing it, down the lane post 20 years.. 

anyway, golden chance for pulkas, congrats guys. 

 

2 hours ago, Android_Halwa said:

Its a mere real estate project, undertaken to create wealth around the capital for the benefit of a few. 

Generations will suffer..

andhuke kadha vayaa ee kojja Jagan *** kodukki 151 seats ichindhi... Kommas land grabbing ni stop cheyyamani Power isthe..ee BoseDK gaadu yeemi cheesaadu?

20-25% Vote bank vunna Cop Community ni insult cheesaadu.. Intelligence Reports koodaa vochaayi..kelakoddu raa ani.. Day In and Day Out..PK gaadini thittadam, thittinchadam..

 

[Android_Halwa]

53 minutes ago, verrigadu said:

 

andhuke kadha vayaa ee kojja Jagan *** kodukki 151 seats ichindhi... Kommas land grabbing ni stop cheyyamani Power isthe..ee BoseDK gaadu yeemi cheesaadu?

20-25% Vote bank vunna Cop Community ni insult cheesaadu.. Intelligence Reports koodaa vochaayi..kelakoddu raa ani

#23 ki reason ide ani septunava

[Joker_007]

Do-able but not an Impossible one, Below schemes can be done gradually.. No Immediate Burden on the state. 

20 lakh jobs for youth within 5 years (4 lakh jobs per year).

Rs 20,000 assistance per farmer annually.

Honorarium of Rs 10,000 per month for volunteers.

Two cents of land for the elderly.

Construction of decent houses for the elderly.

Foreign education scheme.

Festival allowances.

Rs 3,000 unemployment allowance per month.

On top of it he is going to withdraw the useless schemes which is merely for vote bank purposes, the money for all these schemes amounts to approx. 16000 Crores for 5 years. He can clearly save money from these ones, people are ready to loose as well.. 

Diesel Subsidy to Fishermen Boats (50-50 chances) as this is being siphoned by big sharks than lower people. 
Jagananna Amma Vodi 
Jagananna Chedodu Scheme 
Jagananna Thodu 
Jagananna Vasathi Deevena Scheme 
Jagananna Vidya Deevena 
Jagananna Vidya Kanuka 
Manabadi Nadu Nedu 
Village Volunteers 
Y.S.R Nine Hours Free Power Supply 
YSR Adarsham Scheme 
YSR Arogya Asara 
YSR Bima 
YSR Cheyutha Scheme 
YSR Jalayagnam Scheme 
YSR Kalyana Kanuka 
YSR Kanti Velugu 
YSR Kapu Nestham 
YSR Law Nestham 
YSR Matsyakara Nestham 
YSR Navodayam Scheme for MSMEs 
YSR Nethanna Nestham Scheme 
YSR Pension Kanuka 
YSR Vahana Mitra