The World Bank has decided to compensate Andhra Pradesh for its recent decision to drop USD 300 million loan for the construction of Amaravathi city.
The Chief Minister of Andhra Pradesh Y S Jagan Mohan Reddy is now focusing on the Vizag region, where the people rejected him during the recent elections.
Senior Telugu Desam Party leader and former minister Ganta Srinivasa Rao managed to win the recent assembly elections from Visakhapatnam (north) constituency with a slender margin of 1,944 votes over his nearest rival K K Raju of YSR Congress party amidst dispute over counting of votes.
A few days after having praised YS Jagan Moahn Reddy, MRPS leader Manda Krishna Madiga made a U-turn and slammed the Chief Minister for his remarks on ‘SC Classification’ in the Assembly.
The Bharatiya Janata Party in Andhra Pradesh has not been able to attract Telugu Desam Party MLAs because of the threat of disqualification from their assembly membership.
It looks like Bharatiya Janata Party, which had maintained friendly relationship with the YSR Congress party in Andhra Pradesh before and after the general elections, has started targeting the YSRC, more than the Telugu Desam Party.
Telugu Desam Party president and former Andhra Pradesh chief minister N Chandrababu Naidu, who had been completely beleaguered following the humiliating defeat in the recent assembly elections, is said to regaining his confidence gradually.
Even as the World Bank on Friday gave a clarification that it had dropped the loan proposal for Amaravati capital city project, the YSR Congress party sought to turn the tables on the previous Telugu Desam Party.
The Andhra Pradesh government on Friday decided to give 50 per cent of the nominated posts and 50 per cent of the contracts on nomination basis to the scheduled castes, scheduled tribes, backward classes and minorities.
The sudden decision of the World Bank to drop the proposal to lend US $ 300 million (approximately Rs 2100 crore) for the infrastructure development in Amaravati, the capital city of Andhra Pradesh has surprised many.
The World Bank Friday said it 'dropped' the USD 300-million loan proposal for the Amaravati development project as the central government withdrew the financing request, triggering a blame game between the ruling YSRC and opposition TDP in Andhra Pradesh.
Not long ago, Telugu Desam Party president and former Andhra Pradesh chief minister N Chandrababu Naidu was considered a tough task master in the party.
The Ministers of Andhra Pradesh have started preparing ground for the Municipal and other local body elections that are pending in the state.
Former Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday said that ever since YSR Congress Party came to power in the state, the system in state capital Amaravati has collapsed and real estate market has crashed.
Prime Minister Narendra Modi single-handedly steering BJP to a grand victory in recent Lok Sabha polls has been acknowledged and appreciated world-over.
