Andhra Pradesh Cabinet approves land allocations in Amaravati

economictimes.indiatimes.com

The Andhra Pradesh Cabinet, led by Chief Minister N Chandrababu Naidu, has made several important decisions for the capital city of Amaravati. They approved land allocations for various entities and changed some rules for construction contracts. The Cabinet authorized significant spending for the Capital Region Development Authority (CRDA) and the Amaravati Development Corporation Ltd. This includes approving 22 projects worth Rs 22,607 crore for L1 bidders and allowing the Amaravati Development Corporation to implement 37 projects with funds from major financial institutions. Additionally, the Cabinet approved free power for traditional weavers, providing up to 200 units of electricity. Power looms will receive up to 500 units. Other decisions included investments approved by the State Investment Promotion Board and the renaming of YSR District to YSR Kadapa District. These initiatives aim to support development in Amaravati and the broader region, enhancing local infrastructure and benefiting communities.


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