STOCK MARKET BSE NSE

Capital City: AP to Send DPR to Centre

The report was prepared segregating each cluster like residential, commercial in the core region to give clarity on the master plan

Published: 09th March 2015 06:01 AM  |   Last Updated: 09th March 2015 06:01 AM   |  A+A-

HYDERABAD: Days after BJP seniors such as Union urban development minister M Venkaiah Naidu and party general secretary P Muralidhar Rao had pooh-poohed the claim of the TDP leaders that the Centre had not allocated funds for the new capital of Andhra Pradesh in the Union budget, wondering how they could make such a claim when the project report and master plan of the new capital was not submitted to the Union government, the state government is planning to send Detailed Project Report (DPR) for the construction of the key buildings in the new capital city to Delhi.

The state government is expected to send the DPR for all the important government constructions in the core capital either on Monday or Tuesday to Delhi so as to formally request the Centre for one more time to release funds for its construction.

According to sources, the DPR was prepared in accordance with the Union government’s latest directive to the State that it could not release funds for the construction of the new capital by considering the entire capital as one unit. Instead, it would grant financial aid separately for each important building in the core capital based on cost estimates for each construction.

In line with the latest directive of the Centre, according to sources, the State government has prepared the DPR segregating each cluster such as residential, commercial and administrative from the other in the core capital region to give clarity on the draft master plan of the capitalto officials of the Union government.

In fact, earlier, the AP government had sent a DPR of the capital region to the Centre which was rejected on the ground that it want another DPR showing the building-wise plan and not just a rough outline of the capital city.

So far, the Centre has agreed to sanction `1,580 crore for the construction of the new capital. Of this, `1,000 crore was promised by the Union Urban Development ministry, being headed by M Venkaiah Naidu, and the remaining `580 crore by the Union Finance Ministry.

“Though the Centre had sent us a communication stating that it would be releasing `1,580 crore for the construction of the new capital in the first phase, so far we have not received the stated amount. We are still waiting for the release of the first tranche of the amount,” said a senior official.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp