The World Bank has decided not to fund Amaravati Sustainable Capital City Development Project, the ambitious project of former Andhra Pradesh chief minister Chandrababu Naidu. The World Bank's Website marked the project as 'Dropped'. The total project cost was USD 715 million with the World Bank planning to provide a loan of USD 300 million.
The World Bank had apparently taken into consideration widespread complaints lodged by farmers in the region on alleged forcible taking over of their fertile lands by the previous dispensation in the name of land pooling for capital development. Some residents had written to the inspection panel of the World Bank not to fund the project.
World Bank wanted to do a comprehensive on-ground survey of the area to decide about the loan but the state government is not in favor of it. Sources say that the Central Government instructed the State Government not to allow the comprehensive survey as that impact the other projects being funded by World Bank in the court.
Amazon working with Catamaran, to launch its food delivery service in India Presently Amazon is planning to launch online food delivery service in India to take on domestic food delivery services such as Swiggy and Zomato. Meanwhile the company is expected to launch its food delivery service in India ahead of the festive season which starts in September this year.
- AP CM Jagan plans to attract more investments
- Botsa and Anil Kumar Yadav To Be Removed from Jagan's Cabinet
- Jagan Planning To Have Four Capitals for AP
- Will Housekeeping services be continued in Southern Railway Trains?
- Case Filed on Former Speaker Kodela in Furniture Robbery Case
- Chandrababu's First Delhi Trip After Election Defeat
- Youngsters with smart phones can register themselves as damage assessment volunteers for Kerala flood relief
- Airtel bundled various other offers including subscriptions to OTT platforms
- Why trains cancelled between Bengaluru and Mangaluru and few in Kerala?
- Rathnakar, new representative to AP Govt for North America
- Does Govt force Village Volunteers to give up studies?
- TDP Do Not Need Junior NTR: Balayya's Chinnalludu
- PM Modi to Skip Arun Jaitley's Final Rites
- CM Jagan Takes Another Sensational Cost-Cutting Decision
- Jagan To Continue Legal Battle on Polavaram Tenders