Curation Team
AMARAVATI: The Andhra Pradesh government on Thursday accorded administrative sanction for the release of Rs 2,100 crore for Amaravati capital city development project for the first quarter of 2025 – 26, said an official.
Capital Region Development Authority (CRDA) commissioner K Kanna Babu said in a government order that the Finance (Budget) Department had issued Comprehensive Budget Release Order (CBRO) for the FY26 and allocated a budget of Rs 6,000 crore under various heads for the greenfield capital city’s construction.
Out of Rs 6,000 crore, the administrative sanction for the release of Rs 2,100 crore for the first quarter of 2025 – 26 has been issued.
According to Kanna Babu, these funds are meant for capital outlay on urban development, state capital development, construction, externally aided projects, major works and others in the greenfield capital city of Amaravati, the ‘dream project’ of Chief Minister N Chandrababu Naidu.
On May 2, Prime Minister Narendra Modi had relaunched the construction works of Amaravati, laying the foundation for 74 projects worth Rs 49,000 crore.
These encompass the construction of the assembly, secretariat and high court buildings and judicial residential quarters, along with housing buildings for 5,200 families.
