Amaravati Sanctions Rs 9.04 Billion for Village Upgrades

22 Aug 2025 CW Team

The Andhra Pradesh Capital Region Development Authority (CRDA), chaired by Chief Minister N Chandrababu Naidu, has sanctioned Rs 9.04 billion to address infrastructure gaps in 29 villages within the Amaravati capital region. The decision was announced by Municipal Administration Minister P Narayana after the authority’s 51st meeting.

The funds will be used to upgrade roads, drains, drinking water supply, sewerage systems, and street lighting. A recent study revealed a 30 per cent shortfall in water supply, a complete absence of sewerage systems, a 40 per cent deficiency in roads, and a 10 per cent shortfall in street lighting.

Based on these findings, Rs 640 million has been allocated for water supply, Rs 1.11 billion for sewerage, Rs 3.39 billion for roads, and Rs 120 million for street lighting. The allocation also includes maintenance and operational costs for the next seven years.

The upgraded village infrastructure will be integrated with Amaravati’s 360 km of trunk roads and 1,500 km of layout roads, with parallel drains, water lines, and power lines.

The CRDA also approved pooling 78 acres in Mangalagiri for a gems and jewellery park, which is expected to attract Rs 50 billion in investments and create 20,000 direct jobs. Additionally, 100 acres each were allocated to two private colleges, and plans are under way for a bioengineering university in the capital.

Minister Narayana said that the Chief Minister has directed all capital city projects to be executed on a war footing to ensure visible progress this season.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..