The Cabinet Sub-Committee on Land Allotments in Vijayawada has made significant decisions to accelerate institutional development in Amaravati, the capital city of Andhra Pradesh. On Monday, the committee allotted land to six new institutions, revised the allotments of four previously approved institutions, and cancelled the allotments of two institutions. Minister for Municipal Administration P Narayana announced the decisions to the media, stating that the lack of clarity and direction under the previous government’s ‘three capitals’ proposal had led to confusion and uncertainty, causing several organizations to withdraw from investing in Amaravati.
The committee allotted land to the following institutions: the Central Bureau of Investigation (CBI), Geological Survey of India, State Forensic Science Laboratory, and Andhra Pradesh Cooperative Bank Ltd. Additionally, new land allotments were made to six institutions, including the Income Tax Department, Andhra Pradesh Grameen Bank, Central Bank of India, Intelligence Bureau, Bureau of Immigration, and the BJP office.
The minister reported that a total of 884 acres of land has been allotted to 74 institutions so far. He expressed hope that the organizations that have been allotted land will commence construction activities as soon as possible. Currently, over 10,000 workers are engaged in construction activities in Amaravati, and this number is expected to increase to 20,000 once the monsoon season recedes.
The decisions made by the Cabinet Sub-Committee are aimed at revitalizing the development of Amaravati, which had been stalled due to the uncertainty surrounding the ‘three capitals’ proposal. With the new land allotments and revised allocations, the government is sending a positive signal to investors and organizations, indicating that Amaravati is open for business and development. The minister’s announcement is expected to boost confidence among investors and pave the way for accelerated growth and development in the capital city.