Who is the best buddy for Babu, who is very rich. Well, if there is one factor which pulled Babu down 12 years ago was the propaganda that he was World Bank’s poster boy in India. Now the same World Bank is all set to offer big help for AP CM Chandrababu Naidu.


The bank has assured that it has all plans to grant the loan which has been sought by the CRDA for Amaravati region. The recent visit by its executives was reportedly fruitful in pushing this loan proposal forward. This is indeed a positive sign for the state's new capital.


Already department of economic affairs (DEA) has cleared the proposal sent by Srikanth, head of CRDA and sent it to the World Bank for consideration in the month of March. Hence now the World Bank sent a delegation for formal discussion with the CRDA.


The CRDA has reportedly requested the World Bank to extend ample financial support to build a range of sustainable urban services and also for the capacity of urban institutions for the Andhra Pradesh's new capital. If this goes through, it would be a big slap on the face for the NDA government.


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