The sudden decision of the World Bank to drop the proposal to lend United States $ 300 million (approximately Rs 2100 crore) for the infrastructure development in Amaravati, the capital city of Andhra Pradesh has surprised many.
The YSR Congress Party had alleged irregularities in land acquisition during its time in the Opposition.
He said former chief minister N. Chandrababu Naidu had been misleading the committee that was set up to look into the fraudulent PPAs because he was afraid of the review of the PPAs. It was considering extending a loan of $300 million to the Andhra government to build the capital city on the banks of river Krishna. They said that development of Amaravati will affect their livelihood and impact the environment.
He said that in the last three years, the state government had paid at least more than Rs 5,000 crore in excess to renewable power generators which was a loss to the exchequer.
Though it is a fact that the new government headed by YSR Congress party president Y S Jagan Mohan Reddy has not been evincing much interest in Amaravati project works, there was never any indication that the World Bank would withdraw its loan proposal. We may have to cancel some tenders and call for new ones in a transparent manner.
Trump steps back from 'send her back' chanting by supporters
Speaking to reporters the day after the incident, the Minnesota representative said: "We are Americans as much as everyone else". In February, the 37-year-old sparked an uproar when she suggested money is why so many United States politicians support Israel.
The Andhra government can also reapply for loan from WB after addressing the concerns raised in the inspection report.
"The World Bank's Board of Executive Directors has been informed that the proposed project is no longer under preparation following the government's decision", he said, without elaborating why the Centre had taken the decision.
Dr P Lakshmi Narasimham, the commissioner of the Andhra Pradesh Capital Region Development Authority, the state body overseeing construction of the city, declined to comment on the implications of the funding withdrawal. The Chief Minister also believes that it will give Chandrababu unnecessary mileage and so there are rumours that he is contemplating a change in the Capital. The TDP regime had procured 34,000 acres of fertile land from farmers under a land-pooling scheme.
Under Naidu's ambitious plans the capital city is to come up in areas of 217 sq km.
Prime Minister Narendra Modi laid the foundation stone for the project in 2015, but he and Naidu fell out after Naidu's party broke from Modi's ruling coalition past year. On the private investment side, top educational institutions like Vellore Institute of Technology, SRM University, NID, Amity, Amrita University, Centurion University, Central Institute of Tool Design, and NIFT have started construction, or have already started functioning from their new premises.
Un volet gratuit permettra aux festivaliers d'assister aux prestations de Rymz, High Klassified , DJ Kelly et RapMommies . L'ancienne membre des Fugees montera sur la scène de la Place Bell le 21 septembre .
Meanwhile, Emery will stick with his plans to have a captaincy group despite seeing his first break up inside less than a year. Centre-back Holding, 23, suffered a serious knee injury in December and was expected to miss the start of the season.
While Foster's is well known internationally as an Australian brew, it's much less commonly consumed in Australia than overseas . At the same time, they aren't high-growth markets, so selling them wouldn't hurt AB InBev's growth prospects, the person said.
The 2020 version was unveiled Thursday night in a glitzy ceremony at a World War II dirigible hangar in Orange County, California. President Mark Reuss said the C8 will start below $60,000, 7% more than the current Corvette's base price of $55,900.
Richard Nephew, a former USA official now at Columbia University, said Zarif surely knew Washington would reject his idea. U.S. officials responded sceptically, suggesting it was a disingenuous effort to get sanctions relief.
In several cities, buildings are being offered as cooling centers and residents are being asked to check on family and neighbors. The National Weather Service website has an hourly forecast you can check if you want to see when the heat will be the worst.
Hardman brings family and friends with plenty of balloons to accompany the event and the end result is pretty emotional. When Chiefs rookie Mecole Hardman signed his contract, he apparently had a plan of what to do with some of that money.
As soon as one is announced, we'll have it here on Cinelinx. "I've played the games a lot", he said. Plus, in an interesting twist, there's no main baddie.
American citizen arrested, allegedly joined ISIS as a sniper
A US citizen from Kazakhstan who became a sniper and weapons trainer for the Islamic State group has been detained without bail. Asainov's attorney also says she imagines that her client will be indicted for providing material support to ISIS.
US Regulator to Probe BitMeX Cryptocurrency Exchange
Noted bitcoin bear Tone Vays even tweeted in late 2018, alleging that BitMEX had shut down his account for the same reason. For some context, BitMEX is one of the more popular exchanges in Asia for trading cryptocurrencies.
Convicted Murderer Deemed Too Old to Kill Stabs Woman to Death
A ME jury Wednesday convicted a 77-year-old man, once deemed too old to be a continued threat, with the death of a woman in 2018. He was convicted of murder on Wednesday and is yet to be sentenced but will likely now spend the rest of his life in prison.