Amravati Funding: Clean the line for Amravati loan…. Minister Narayan, who will complete the construction of Amravati with the sale of land

Amravati Funding: Clean the line for Amravati loan…. Minister Narayan, who will complete the construction of Amravati with the sale of land

Amravati Funding: Minister Narayan said that the capital will be made by selling some land taken by land pooling in Amravati. On the other hand, the CRDA has announced that it has crossed the technical problems facing Amravati’s loans. CRDA Commissioner Kannababu said that the financial institutions were satisfied with capital loans.

He said that there was no burden on people for the construction of the capital Andhra Pradesh, Amravati. Minister Narayan spoke to the media in Nellore on the comments made by former Chief Minister Jagan on Amravati.

The minister said that Hadco, World Bank and AIIB were collecting loans from the German bank to build the capital of Amravati. People are advised not to listen to the words of the opposition on the capital. CM hopes that the capital Amravati is self -proclaimed and accordingly, he said.

The Chief Minister said that the state budget has allocated Rs 6,000 crore to Amravati and will be funded if necessary. Once again, it is clear that there will be transparency in the capital and there will be no manipulation.

He said that tenders were being said only according to SSR rates and that money was not confirmed as the previous government. The capital is being built on 5000 acres with international standards within 217 sqm.

Minister Narayan said that the process of tenders of Rs 50,000 crore has already been done. Minister Narayan said that land has been allotted to international universities, schools and various institutions on 1000 to 1200 acres in Amravati.

Delay in loan grant…

World financial institutions have already expressed their desire to give loans for the construction of Amravati. Apart from many international organizations, Hadco is also ready to lend heavy. To end this, many have complained to companies that provide loans on capital formation and political objections. After complaining, the release of money was delayed that there was no political consensus on the construction of Amravati. The funds for the loan were to be released by December.

CRDA Commissioner Kannababu has explained to HT Telugu on delay in loan grant. It was clarified that objections expressed on the grant of loans were clarified. Representatives of the organizations explained that they were satisfied with the field level. Bank accounts have also been prepared for the release of loan release. Kannababu explained that there was no problem in the loan process.


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