Amaravati Capital to Be Completed in Three Years: Minister Narayana

Andhra Pradesh Minister Narayana has announced that the Amaravati capital project will be completed within three years. Speaking to the media today, he clarified that no public tax revenue would be used for the construction of the capital. Instead, funds from HUDCO (Housing and Urban Development Corporation) and loans from the World Bank would be used for the development.

Narayana criticized former Chief Minister Y. S. Jagan Mohan Reddy, alleging that during his tenure, the YSR Congress Party (YSRCP) focused on a “three-capital drama” rather than developing Amaravati. He urged the YSRCP to adopt a clear and consistent policy on the capital issue.

The minister also claimed that the state budget introduced by the current government had put YSRCP leaders under pressure. He suggested this was the reason behind what he called the irrational statements made by Jagan Mohan Reddy and his party members regarding Amaravati.

Narayana reiterated that the construction of Amaravati will only be funded through the sale of land in the region. He emphasized that once roads, drainage systems, and parks are developed, land values in Amaravati will rise. He also clarified that while ₹6,000 crore has been allocated for the capital in the budget, this amount will not come from public tax revenue.