Amaravati (Andhra Pradesh) Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday vowed to start rebuilding Amaravati by restoring investor confidence and rebuilding its brand image, after overcoming all obstacles put in its path allegedly by the former YSRCP regime.
Releasing a white paper on the status of the new capital conceptualized during the TDP government between 2014 and 2019, the Chief Minister said that he will tell everything about Amaravati to the Center and will act quickly and in a time-bound manner to execute it.
"The reconstruction of Amaravati would have already started yesterday and officials have been instructed. Overcoming all legal hurdles, we will move ahead," Naidu said at a press conference at the secretariat.
He observed that the reconstruction of Amaravati will go ahead with the existing master plan but incorporate modern advancements.
He highlighted that Singapore had prepared three master plans for Amaravati, which included a conceptual capital region master plan, a capital city master plan and a detailed seed capital area master plan.
Under plans developed by Singapore, Amaravati would house a sports city, government city, tourism city, financial city, justice city, knowledge city, media city, health city and city of electronics, nine in total.
Among the various reasons for choosing Amaravati as the capital, which has a history of 2,300 years, the TDP supremo said it was due to its central location and equidistant from the three ends of the state.
According to the CM, Amaravati, a self-financed project, witnessed the world's largest land pooling exercise, involving a commitment of 34,400 acres of land by 29,966 farmers.
With the total project cost at Rs 51,687 crore, Naidu said tenders for works worth Rs 41,171 crore were floated and bills to the tune of Rs 4,319 crore were paid in the previous TDP regime.
He alleged that the previous YSRCP government had stopped all work related to the construction of Amaravati between 2019 and 2024, leaving dues worth Rs 1,269 crore so far.
Attacking his predecessor, the CM alleged that the YSRCP government had done everything in its power to destroy Amaravati, withdrawing land acquisition notification for 1,197 acres and ending annuities for 2,903 farmers.
Further, he noted that 4,442 families in the capital region were deprived of social pensions, the contract of Norman + Foster, which was the master architect of the Amaravati Government Complex (AGC), was cancelled.
He also accused the previous government of canceling $300 million worth of World Bank financing and blocking the central government subsidy, among other alleged tactics to stop the project.
Due to the disruption, he said, Amaravati suffered systematic destruction in the last five years, which extended to damaged roads, unfinished buildings, negative impact on Amaravati's bond credit rating and others.
As a result, Naidu said the city suffered cost increases, demobilization of men and machinery, loss of tax revenue, theft of materials and several other problems.
According to Naidu, if the work related to the Amaravati project had gone ahead as planned, up to one lakh people would have resided there so far, seven lakh jobs could have been created and the government would have collected state taxes of Rs 10,000 crore. . , including generating wealth throughout the state.
Considering Amaravati's battered brand image, Naidu said he has the Herculean task ahead of him to restore investor confidence and revive the economy.
Naidu said his vision is to create a world-class capital that will enhance the image of the state and improve people's confidence.
Releasing a white paper on the status of the new capital conceptualized during the TDP government between 2014 and 2019, the Chief Minister said that he will tell everything about Amaravati to the Center and will act quickly and in a time-bound manner to execute it.
"The reconstruction of Amaravati would have already started yesterday and officials have been instructed. Overcoming all legal hurdles, we will move ahead," Naidu said at a press conference at the secretariat.
He observed that the reconstruction of Amaravati will go ahead with the existing master plan but incorporate modern advancements.
He highlighted that Singapore had prepared three master plans for Amaravati, which included a conceptual capital region master plan, a capital city master plan and a detailed seed capital area master plan.
Under plans developed by Singapore, Amaravati would house a sports city, government city, tourism city, financial city, justice city, knowledge city, media city, health city and city of electronics, nine in total.
Among the various reasons for choosing Amaravati as the capital, which has a history of 2,300 years, the TDP supremo said it was due to its central location and equidistant from the three ends of the state.
According to the CM, Amaravati, a self-financed project, witnessed the world's largest land pooling exercise, involving a commitment of 34,400 acres of land by 29,966 farmers.
With the total project cost at Rs 51,687 crore, Naidu said tenders for works worth Rs 41,171 crore were floated and bills to the tune of Rs 4,319 crore were paid in the previous TDP regime.
He alleged that the previous YSRCP government had stopped all work related to the construction of Amaravati between 2019 and 2024, leaving dues worth Rs 1,269 crore so far.
Attacking his predecessor, the CM alleged that the YSRCP government had done everything in its power to destroy Amaravati, withdrawing land acquisition notification for 1,197 acres and ending annuities for 2,903 farmers.
Further, he noted that 4,442 families in the capital region were deprived of social pensions, the contract of Norman + Foster, which was the master architect of the Amaravati Government Complex (AGC), was cancelled.
He also accused the previous government of canceling $300 million worth of World Bank financing and blocking the central government subsidy, among other alleged tactics to stop the project.
Due to the disruption, he said, Amaravati suffered systematic destruction in the last five years, which extended to damaged roads, unfinished buildings, negative impact on Amaravati's bond credit rating and others.
As a result, Naidu said the city suffered cost increases, demobilization of men and machinery, loss of tax revenue, theft of materials and several other problems.
According to Naidu, if the work related to the Amaravati project had gone ahead as planned, up to one lakh people would have resided there so far, seven lakh jobs could have been created and the government would have collected state taxes of Rs 10,000 crore. . , including generating wealth throughout the state.
Considering Amaravati's battered brand image, Naidu said he has the Herculean task ahead of him to restore investor confidence and revive the economy.
Naidu said his vision is to create a world-class capital that will enhance the image of the state and improve people's confidence.
