The Andhra Pradesh government has been accelerating the construction of the capital city, Amaravati. Plans are being made to establish central public sector institutions in the state.
Officials from the Andhra Pradesh Capital Region Development Authority (CRDA) are holding discussions with central institutions that were allocated lands between 2014 and 2019.
Reportedly, the officials contacted central government institutions to inquire about their plans regarding the lands allocated during the TDP regime from 2014 to 2019.
Some companies informed CRDA officials that they had not been contacted in the last five years, while others requested to be shown the lands allocated to them.
A few companies have stated that they will decide after looking at the land allocated to them in the capital city area.
During the TDP’s rule, lands were allocated to 10-15 central government institutions and national banks, such as CAG, RBI, SBI, FCI, CPWD, Department of Posts, NIFT, and NID.
It is heard that companies like NABARD, Union Bank, Canara Bank, LIC, Indian Oil, SBI, and HPCL have shown interest in setting up their offices in the Amaravati capital region.
