Modi Government Allocates Rs 27,000 Crore for Amaravati Capital Development

The Modi government has allocated Rs 27,000 crore for the development of Amaravati, the capital city of Andhra Pradesh. The funds, secured through the Housing and Urban Development Corporation (HUDCO) and the World Bank, aim to accelerate infrastructure projects in the region. This announcement was made by Union Home Minister Amit Shah during a recent public address.

The funding is expected to support key sectors such as transportation, housing, and urban development, which are critical for Amaravati's growth as a modern capital city. The move comes as part of the central government's broader strategy to promote regional development and economic growth in Andhra Pradesh.

Amaravati, envisioned as a world-class smart city, has faced delays in its development due to funding constraints and political challenges. The new allocation is seen as a significant step toward reviving the project and ensuring its completion. The funds will be utilized for building roads, bridges, water supply systems, and other essential infrastructure.

The announcement has been welcomed by local authorities and stakeholders, who believe it will boost employment opportunities and attract investments to the region. However, critics have raised concerns about the transparency of fund allocation and the need for sustainable development practices.