World Bank team visits AP Capital Region villages to study loan need
Amaravati: A World Bank team visited the villages of the capital area on Thursday to study the lending need for infrastructure as required by the State government and the AP Capital Region Development Authority (APCRDA).
The World Bank has already agreed to lend Rs 6,500 crores to the capital development. The team led by Raghukesavan interacted with the APCRDA officials and the farmers of the area. The team collected information on speed access road proposed by the APCRDA and the temporary Secretariat block. The team also interacted with the farmers who have given their lands to the government in pooling and the compensation that they have received.
The APCRDA Commissioner Cherukuri Sreedhar briefed the team members about the APCRDA’s plans and explained to them the infrastructure plans that the APCRDA had proposed for the Amaravati city.
A local farmer Bellamkonda Narasimha Rao, who is also chairman of the Tadikonda Market Committee, explained the land pooling and the compensation given to them and also the government’s plans to develop the villages.
The World Bank team also met the APCRDA principle secretary Ajay Jain and discussed with him the government’s plans for the development of the new capital and the initiatives taken by the APCRDA to build the world class capital.
The team also interacted with Venkatapalem sarpanch Chekurti Ravi, Mandal parishad member Prathipati Nagamalleswara Rao and others.