27K Cr Budget estimated For Amaravati

amaravathi

We know that, an expert committee was appointed to estimate budget for construction of the new capital city of Andhra Pradesh- Amaravati. The committee today informed Lok Sabha that the estimated budget is Rs 27,097 crore.

The expert committee had designated Rs 10,519 crore for capital zone buildings, Rs 1,536 crore for capital zone infrastructure, Rs 5,861 crore for city infrastructure and Rs 9,181 crore for city infrastructure growth extension, said Haribhai Parathibhai Chaudhary, Minister of State for Home, in the supportive document submitted along with the report.

While answering to one of the written questions, the minister asserted, “Estimated budget for AP capital Amaravati is Rs 27,097 crore. A fund of Rs 1,850 crore has been provided to the successor state of Andhra Pradesh for state capital and infrastructure facility during 2014-15 and 2015-16.”

It may be recalled that, Prime Minister Narendra Modi had laid the foundation stone for Amaravati, near Vijayawada, couple of months ago. Chief Minister Chandrababu Naidu promised to complete all the construction works within bounded time period.


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