Municipal Administration Minister P. Narayana was strongly criticizing the leaders of the YSRCP on how they are claiming to spend the state's resources in constructing Amaravati. The capital project is self-sustaining and does not impose any financial burden on the public, he said. Speaking at a press conference after the 44th CRDA meeting, chaired by Chandrababu Naidu, the minister elaborated on funding for Amaravati. He disclosed that plots would be allocated for farmers whose lands were utilized under the land pooling policy while selling surplus land, the earnings from which are supposed to be used to fund construction. Loans from institutions such as the World Bank and ADB would be repaid through revenue generated in the future from the development of Amaravati.
The minister expressed frustration at the inaction of the YSRCP for six months into power by capital works and accused them of creating an obstacle through criticism of the development in Amaravati.
He said, "We have decided to create satellite townships linked to new ports and new heavy industries throughout the state." In this regard, Mr Narayana pointed out that Chief Minister Naidu instructed officials to take out the land through the process of consolidation so that its original owners will get full direct benefit from the investment.
Just as is in Amaravati, the contributions made by the land-holding people will be inculcated in stake holders in the development
Minister Narayana explained the state government is committed to development in all 26 districts. He said that Amaravati would be the only capital of Andhra Pradesh; construction activities would continue through the sale of land and governmental efforts. Tenders on capital construction are expected to be awarded before January, he explained. He mentioned several projects currently underway as testimony to governmental efforts, which include
The minister despite criticism, again confirmed that Amaravati construction would be completed within three years. He alleged that the YSRCP leaders opposed the project by telling international financial assistance that Amaravati would sink. Minister Narayana dismissed such allegations saying recent floods in Krishna River were a testimony to the fact that the city would not sink. He said a gravel road designed to take in increased water flow would be constructed, which would make Amaravati safe.
The minister ended with assurance that the government would develop Amaravati, though progress in economic development should be all-inclusive throughout the state.
