Amaravathi future in doldrums???

[r2d2]

World Bank 'Drops' Amaravati Project: What It Means

The international lender World Bank’s decision could affect future finances for the Amaravati project.

Chandrababu Naidu’s dream capital project of Amaravati could be in further trouble as the World Bank has reportedly turned down a loan of USD 300 million to finance the project.The World Bank’s website says that the “Amaravati Sustainable Infrastructure and Institutional Development Project” has been dropped. While the status of various other projects in South Asia are shown as ‘active’ that of Amaravati clearly states 'Dropped'.

The World Bank’s action could seriously affect the future of the project which has already swallowed Rs 45,000 crore worth of public money with less than twenty per cent of the work completed. In fact most contractors have stopped further construction after Naidu was voted out and Jagan Reddy became the Chief Minister as the state government stopped releasing fresh payments.The Andhra Pradesh Capital Region Development Authority (APCRDA) Commissioner Dr. P. Lakshminarasimham, however, clarified that there was no official word from the World Bank yet. The lending process had reached the last leg and it was hoped that the Jagan Reddy government would give the final push to procure the loan.The APCRDA had sent in its application in 2016 seeking the loan of which World Bank would lend $300 million and the remaining $200 million would come from Asian Infrastructure Investment Bank (AIIB). But the loan process got stalled after a few farmers from the Amaravati capital region complained to the bank’s inspection panel that there had been irregularities in land procurement and many farmers were coerced into parting with their land. According to senior officials, the inspection panel after visiting some villages and talking to farmers and APCRDA officials, decided to give a go ahead for the loan process. But apparently the change of government has given it second thoughts about the feasibility and the future of the project.The World Bank’s latest thumbs down could see other international collaborators also distancing themselves from Amaravati. The Singapore government, which has drawn up the master plan for the capital city, has also been cold shouldering the project of late. If further financing stops, Amaravati could very well become India’s largest incomplete infrastructure project.

 

[tacobell fan]

Opposition to land pooling played key role in dropping the finance when CBN is CM to stop World Bank from giving money. Now when Jagan wanted help from them they showed him same proofs as he did. This is a fact. All the opposition that got mounted on Amaravati land pooling is to blame for it's future.  

[Variety_Pullayya]

use emundi. Amaravathi is not in Jagan's priority list. we can forget having a new capital now. just change vijayawada as capital of Andhra

[JohnSnow]

Evaru enni cheppina, its all temporary. If it is the capital, now or later rates perige theerali. 

[r2d2]

Just now, Variety_Pullayya said:

use emundi. Amaravathi is not in Jagan's priority list. we can forget having a new capital now. just change vijayawada as capital of Andhra

why not Hyderabad in the interim???? bifurcation deal says common capital for 10 years kada... Dora elaagu WFH..

[aakathaai]

Idly pastors design lu frame kattinchi nippu gaadi yedhurugaa ettandi soosinappudallaa Dream machine ekkuthaadu pissi naayaal gaadu

[Android_Halwa]

I have pointed this analysis about 2 years back...

Amaravati is neither a program or a project go get funding from IBRD or IDA..Even Indian government does not provide guarantee to this 'stupid' idea. I don't know how the previous regime went ahead with such a loan application.

TDP has fooled people and wasted time in such things..

 

[snoww]

Jagan will hardly care for Amaravati .

His main focus will be welfare schemes which will benefit majority people , not just few contractors and real estate business people. 

[kerinchi]

3 minutes ago, aakathaai said:

Idly pastors design lu frame kattinchi nippu gaadi yedhurugaa ettandi soosinappudallaa Dream machine ekkuthaadu pissi naayaal gaadu

ori oora kukkala G naake ambothu mundu ne sangathi sariga chusuko aaku LK

[snoww]

1 minute ago, Android_Halwa said:

I have pointed this analysis about 2 years back...

Amaravati is neither a program or a project go get funding from IBRD or IDA..Even Indian government does not provide guarantee to this 'stupid' idea. I don't know how the previous regime went ahead with such a loan application.

TDP has fooled people and wasted time in such things..

 

Tried to fool people. People were clever enough to vote him out with humiliating defeat in his career. 

[kerinchi]

1 minute ago, Android_Halwa said:

I have pointed this analysis about 2 years back...

Amaravati is neither a program or a project go get funding from IBRD or IDA..Even Indian government does not provide guarantee to this 'stupid' idea. I don't know how the previous regime went ahead with such a loan application.

TDP has fooled people and wasted time in such things..

 

ne edupu continue cheyi gajji LK

intha cheppina nuvvu election results mundu tdp ki 90 plus vastayani ela cheppav ra??? appudu tala yekkada pettukunav vendetta fu lona??

[Hitman]

7 minutes ago, tacobell fan said:

Opposition to land pooling played key role in dropping the finance when CBN is CM to stop World Bank from giving money. Now when Jagan wanted help from them they showed him same proofs as he did. This is a fact. All the opposition that got mounted on Amaravati land pooling is to blame for it's future.  

Status = Dropped.. ఈ update statement ఎప్పుడు run అయ్యింది any idea.? Updated datetime or action date field values ఉంటే చెప్పు 

[Hitman]

2 minutes ago, snoww said:

Jagan will hardly care for Amaravati .

His main focus will be welfare schemes which will benefit majority people , not just few contractors and real estate business people. 

Development లేకుండా welfare.. State MG కాయం 

[kerinchi]

Just now, snoww said:

Tried to fool people. People were clever enough to vote him out with humiliating defeat in his career. 

lol modi gaadu ichina evm gelupu

already rowdy LKS assembly lo etla pravartistunaro chustunaru ga

first impression is the best antaru

i had really good hope on jagan but his psychopath behaviour proved me wrong

[kerinchi]

Just now, Hitman said:

Development లేకుండా welfare.. State MG కాయం 

adhi ardam ayithe ee laborr LK gallu epudone baagupadevaru