He said he would have to talk to the Singapore government, which had prepared the master plan, and a consortium of Singapore companies, which had signed an agreement for the Amaravati Capital City startup project during the previous TDP government, but later, the company was cancelled. by the previous YSRCP government.
Stating that his government will live up to the expectations of the people by overcoming legal challenges and hurdles to build the state capital as per the previous vision document and master plan, he, however, said he was open to new ideas and versions improved.
The Chief Minister spoke to reporters after releasing a White Paper on Amaravati, the foundation stone of which was laid in 2016, when he was Chief Minister He lashed out at his predecessor Y.S. Jagan Mohan Reddy, who stopped the construction of Amaravati after coming to power in 2019 by mooting the idea of three state capitals.
"This is a case of a person destroying the future of coming generations. We need to introspect whether such people should hold public office," he said, adding that as a result of the previous government's policies, the trust of the public was lost. investors and Andhra Pradesh's brand image suffered.
"For example, the Singapore government. I need to talk to them. They can come or not. They have their own experience. They don't need to lose money for us. There are hundreds of such countries and states for them," he said.Naidu said That investors may have apprehensions about the future, since the man responsible for the destruction of the last five years is still in politics. "They feel they should take risks. They say we have a good track record, but what happens tomorrow? How can we give guarantees?" he said.
The TDP chief said people need to reflect whether such a person is fit to remain in politics. "I speak for the future of five million people in this state," he said.
The Chief Minister, whose TDP is a partner in the BJP-led NDA government at the Centre, said he would take advantage of all opportunities and take the Centre's help to restart work at Amaravati. He said he would speak to all investors, including individuals, companies and institutions, and reiterated his vision of creating a world-class capital that boosts the image of the State and improves people's confidence. "We need to restart construction activity, restore the investor confidence, rebuild the brand image and revive the economy," he said. The Chief Minister said that if the original plan had been implemented between 2019 and 2024, a world-class capital would have been created for the state, 50,000 to 100,000 people would have resided in the capital and seven lakh jobs could have been created. . during construction and Rs 2 lakh crore would have been added to the GDP. There would have been Rs 10,000 crore of revenue through state taxes every year with an increase of 15 per cent every year, he added.
There would also have been an increase in property prices and wealth generation across the state.
Naidu alleged that the previous government systematically weakened and destroyed Amaravati. Land acquisition notification for 1,197.30 acres was withdrawn, annuities were suspended for 2,903 farmers, pensions were suspended for 4,422 families and APCRDA's Rs 485.32 crore budget lapsed. Architect's contract cancelled. master for Amaravati Government Complex (AGC) Norman+ Foster. Civil works were ordered to be limited to Rs 3,000 crore of the remaining works of Rs 35,583.5 crore, while the YSRCP government complained to the World Bank and stopped funding of $300 million and also subsidy of 1,000 crore from the Centre. He mentioned that 122 of the 130 land beneficiaries, mostly premier institutions in various sectors such as education, health and hospitality, lost confidence.
He said that due to systematic destruction, buildings were left unfinished and roads were damaged. The credit ratings of Amaravati bonds were negatively affected.
"The pride and self-respect of the people of Andhra Pradesh were shattered. There was a sharp depreciation in property prices. Wealth generation did not take place. This led to migration of people from the state to other states when stopped the creation of new jobs. There was a loss of existing jobs as companies moved out due to uncertainty," Naidu said. There was escalation of costs, damage to structure, costs of demobilization of men and machinery, loss of jobs. for workers, funds blocked in incomplete works, loss of income (GST and income tax), theft of materials and probable evils. Effect on structural stability due to prolonged exposure to the elements.
He recalled that the state government had taken the recommendations of the K.C. Siva Rama Krishnan Committee as well as opinions of various stakeholders to choose Amaravati as the state capital. On September 3, 2014, the Assembly passed a resolution to establish Amaravati as the state capital. It was centrally located and planned as a liveable city, a self-financing project and an engine of growth.
Naidu claimed that Amaravati carried out the world's largest land pooling exercise when 29,966 farmers volunteered to donate 34,400 acres of land. The farmers and the APCRDA had signed a binding agreement under which the farmers were promised an annuity for 10 years at the rate of Rs 30,000 per acre for dry land and Rs 50,000 per acre for wet land, while there was a provision for a annual increase of Rs 3,000 per acre for dry land and Rs 5,000 per acre for wet land. For each acre, farmers received a returnable plot of 1,000 square yards (residential) and 250 square yards (commercial) for dry land, and 1,000 yards square yards (residential) plus 450 square yards (commercial) for wet land. Naidu also mentioned that the cost of the total project, including level I and II infrastructure and Amaravati government complex, was Rs 51,687 crore. Tenders worth Rs 41,170.78 million were invited, of which all works were suspended and Rs 4,318.67 million were paid. Till date, Rs 1,268.81 crore has to be paid, according to the White Paper.
Stating that his government will live up to the expectations of the people by overcoming legal challenges and hurdles to build the state capital as per the previous vision document and master plan, he, however, said he was open to new ideas and versions improved.
The Chief Minister spoke to reporters after releasing a White Paper on Amaravati, the foundation stone of which was laid in 2016, when he was Chief Minister He lashed out at his predecessor Y.S. Jagan Mohan Reddy, who stopped the construction of Amaravati after coming to power in 2019 by mooting the idea of three state capitals.
"This is a case of a person destroying the future of coming generations. We need to introspect whether such people should hold public office," he said, adding that as a result of the previous government's policies, the trust of the public was lost. investors and Andhra Pradesh's brand image suffered.
"For example, the Singapore government. I need to talk to them. They can come or not. They have their own experience. They don't need to lose money for us. There are hundreds of such countries and states for them," he said.Naidu said That investors may have apprehensions about the future, since the man responsible for the destruction of the last five years is still in politics. "They feel they should take risks. They say we have a good track record, but what happens tomorrow? How can we give guarantees?" he said.
The TDP chief said people need to reflect whether such a person is fit to remain in politics. "I speak for the future of five million people in this state," he said.
The Chief Minister, whose TDP is a partner in the BJP-led NDA government at the Centre, said he would take advantage of all opportunities and take the Centre's help to restart work at Amaravati. He said he would speak to all investors, including individuals, companies and institutions, and reiterated his vision of creating a world-class capital that boosts the image of the State and improves people's confidence. "We need to restart construction activity, restore the investor confidence, rebuild the brand image and revive the economy," he said. The Chief Minister said that if the original plan had been implemented between 2019 and 2024, a world-class capital would have been created for the state, 50,000 to 100,000 people would have resided in the capital and seven lakh jobs could have been created. . during construction and Rs 2 lakh crore would have been added to the GDP. There would have been Rs 10,000 crore of revenue through state taxes every year with an increase of 15 per cent every year, he added.
There would also have been an increase in property prices and wealth generation across the state.
Naidu alleged that the previous government systematically weakened and destroyed Amaravati. Land acquisition notification for 1,197.30 acres was withdrawn, annuities were suspended for 2,903 farmers, pensions were suspended for 4,422 families and APCRDA's Rs 485.32 crore budget lapsed. Architect's contract cancelled. master for Amaravati Government Complex (AGC) Norman+ Foster. Civil works were ordered to be limited to Rs 3,000 crore of the remaining works of Rs 35,583.5 crore, while the YSRCP government complained to the World Bank and stopped funding of $300 million and also subsidy of 1,000 crore from the Centre. He mentioned that 122 of the 130 land beneficiaries, mostly premier institutions in various sectors such as education, health and hospitality, lost confidence.
He said that due to systematic destruction, buildings were left unfinished and roads were damaged. The credit ratings of Amaravati bonds were negatively affected.
"The pride and self-respect of the people of Andhra Pradesh were shattered. There was a sharp depreciation in property prices. Wealth generation did not take place. This led to migration of people from the state to other states when stopped the creation of new jobs. There was a loss of existing jobs as companies moved out due to uncertainty," Naidu said. There was escalation of costs, damage to structure, costs of demobilization of men and machinery, loss of jobs. for workers, funds blocked in incomplete works, loss of income (GST and income tax), theft of materials and probable evils. Effect on structural stability due to prolonged exposure to the elements.
He recalled that the state government had taken the recommendations of the K.C. Siva Rama Krishnan Committee as well as opinions of various stakeholders to choose Amaravati as the state capital. On September 3, 2014, the Assembly passed a resolution to establish Amaravati as the state capital. It was centrally located and planned as a liveable city, a self-financing project and an engine of growth.
Naidu claimed that Amaravati carried out the world's largest land pooling exercise when 29,966 farmers volunteered to donate 34,400 acres of land. The farmers and the APCRDA had signed a binding agreement under which the farmers were promised an annuity for 10 years at the rate of Rs 30,000 per acre for dry land and Rs 50,000 per acre for wet land, while there was a provision for a annual increase of Rs 3,000 per acre for dry land and Rs 5,000 per acre for wet land. For each acre, farmers received a returnable plot of 1,000 square yards (residential) and 250 square yards (commercial) for dry land, and 1,000 yards square yards (residential) plus 450 square yards (commercial) for wet land. Naidu also mentioned that the cost of the total project, including level I and II infrastructure and Amaravati government complex, was Rs 51,687 crore. Tenders worth Rs 41,170.78 million were invited, of which all works were suspended and Rs 4,318.67 million were paid. Till date, Rs 1,268.81 crore has to be paid, according to the White Paper.
