Andhra Pradesh CM Naidu announced a Rs 15,000 crore World Bank loan for Amaravati construction and discussed a USD 2.5 trillion economy vision with PM Modi.

Andhra Pradesh Chief Minister N Chandrababu Naidu announced a Rs 15,000 crore loan from the World Bank for constructing Amaravati, with work starting in December. The Indian government will also provide Rs 12,500 crore for the Polavaram project. Additionally, Bharat Petroleum plans to invest Rs 85,000 crore in a new refinery. Naidu discussed these developments and presented a vision for a USD 2.5 trillion economy in Andhra Pradesh by 2047 to Prime Minister Modi.

October 08, 2024
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