Centre to pump in more for Chandrababu Naidu's Nagar Amaravati
Live Events
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
After facilitating loans for developing Amaravati city, the Centre has gone beyond the budget promise for key NDA ally N Chandrababu Naidu 's dream project and decided to fund a common central secretariat and a residential complex in the greenfield capital The Central Public Works Department , the primary construction agency of the Centre, will build the two projects worth ₹2,787 crore. The common central secretariat is planned within the government complex zone in Velagapudi on the banks of river Krishna in the Thullur mandal. This project is worth ₹1,458 crore. CPWD will also construct General Pool Residential Accommodation in Amaravati at ₹1,329 crore.So far, the Centre has facilitated World Bank and ADB loans to the tune of ₹15,000 crore and Housing and Urban Development Corporation loan of ₹11,000 crore. Besides, German state-owned developed bank KfW may offer a loan of ₹5,000 crore."So far the funds have been in the form of loans. The two projects will be the first direct intervention," said a senior state government official.The Department of Expenditure has given in-principle approval to the two proposals from the housing and urban affairs ministry, the nodal ministry for CPWD. Since the two projects are above ₹500 crore, they will need approval of the Public Investment Board . As per people familiar with the matter, the final cost will be appraised at the next meeting of the board that is headed by secretary (expenditure) and is the appraisal body for public investment proposals of central ministries and public sector undertakings.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
an hour ago
- Hindustan Times
Khamenei's circle issues stark warning after US strikes Iran: 'Target naval fleet'
As tensions continue to escalate in the Middle East, several Iranian officials have warned of 'severe consequences' for the US in response to its recent strikes in Iran. Iranian Supreme Leader Khamenei had warned of the US of severe consequences in case of its intervention.(AP) Reacting to the US' strikes on Iran, a representative for Iran's supreme leader Ayatollah Ali Khamenei has issued a fresh warning to the United States. Follow LIVE updates on Iran-Israel war here. "It is now our turn to act without delay. As a first step, we must launch a missile strike on the US naval fleet in Bahrain and simultaneously close the Strait of Hormuz to American, British, German, and French ships," Hossein Shariatmadari, was quoted as saying in Kayhan newspaper - a conservative and hard-line Iranian daily. Shariatmadari is the managing editor of Kayhan, and is also described as a close confidant of the Supreme Leader Ali Khamenei. Also Read: 'Future attacks will be lot greater, easier': Trump in address to nation after Iran strikes Khamenei's warning ahead of strikes While an official statement and reaction from Khamenei is awaited, the Ayatollah's Telegram account reposted an earlier warning issued by the Supreme Leader. In his statements during a televised address, Khamenei warned the US against military intervention in the Iran-Israel conflict. 'The damage it will suffer will be far greater than any harm Iran will encounter,' Khamenei says in the video. 'The Americans should know that any US military intervention will undoubtedly be accompanied by irreparable damage,' said Khamenei, adding that 'the US is entering in this matter [war] is 100% to its own detriment. The damage it will suffer will be far greater than any harm that Iran may encounter.'
Hans India
an hour ago
- Hans India
HM Shah to visit Chhattisgarh today to bolster anti-Maoist strategy
New Delhi: Union Home Minister Amit Shah is scheduled to arrive in Chhattisgarh on Sunday for a crucial two-day visit to strengthen the ongoing crackdown against left-wing extremism and launch key infrastructure projects to support forensic investigation capabilities in the region. During the visit (June 22-23), HM Shah is scheduled to chair a high-level meeting with senior security and administrative officials to evaluate the progress made in the fight against Maoist insurgency. The meeting will also focus on refining the Centre's strategy to achieve the declared goal of eliminating Maoist influence by the set deadline of March 31, 2026. Highlighting the Centre's commitment to long-term stability and improved security infrastructure in the region, Shah will also lay the foundation stone for a campus of the prestigious National Forensic Science University (NFSU) in Naya Raipur. The proposed world-class campus will be developed on 40 acres of land already allocated by the state government. The estimated cost for the project is between Rs 350–400 crore and will be entirely funded by the Central government. In addition to the NFSU campus, a separate 6-acre area has been earmarked for a state-run forensic laboratory, aimed at further enhancing the state's investigative capabilities. According to Chhattisgarh Home Minister Vijay Sharma, the Union Home Minister will perform the 'bhoomi-pujan' for both facilities during his visit. Shah will also spend time at one of the frontline security camps, reflecting the Centre's solidarity with forces operating in high-risk zones. Sources familiar with the anti-Naxal operations have reported significant success, with 32 out of 45 members of the Maoist Central Committee already neutralised in various encounters. Efforts continue to locate and apprehend the remaining top leaders of the outlawed outfit.
News18
an hour ago
- News18
'Now It's Our Turn': Iran Calls For Missile Strike On US Fleet, Closure of Strait Of Hormuz
Last Updated: Echoing the Supreme Leader's stance, Hossein Shariatmadari, Khamenei's representative, urged immediate retaliation. Amid rising tensions following the US airstrikes on Iranian nuclear facilities, Supreme Leader Ayatollah Ali Khamenei issued a stark warning to Washington, declaring, 'Americans should expect greater damage and blows than ever before." His statement signaled a potential escalation and underscored Iran's intent to respond forcefully to what it views as an unprovoked act of war. Echoing the Supreme Leader's stance, Hossein Shariatmadari, Khamenei's representative, urged immediate retaliation. 'It is now our turn to act without delay. As a first step, we must launch a missile strike on the US naval fleet in Bahrain and simultaneously close the Strait of Hormuz to American, British, German, and French ships," he said, reflecting the growing call within Tehran for decisive military action. Trump, however, warned that any response from Iran would be met with overwhelming force. 'Any retaliation by Iran against the United States of America will be met with force far greater than what was witnessed tonight. Thank you!," he stated. Iran Says Residents 'Face No Danger' Iranian state media reported that there is 'no danger" to residents following the US airstrikes on a key nuclear facility, assuring the public that the situation remains under control despite the severity of the attack. Iran's Atomic Body Defiant Iran's atomic agency said on Sunday that the country will carry on with its nuclear activities despite the US attacks on key facilities. 'The Atomic Energy Organization of Iran assures the great nation of Iran that despite the evil plots of its enemies … it will not let the path of development of this national industry (nuclear), which is the result of the blood of nuclear martyrs, be stopped," the organisation said in a statement published by state media. First Published: June 22, 2025, 08:18 IST
