💨 Abstract

Andhra Pradesh's Capital Region Development Authority and HUDCO have agreed on a Rs 11,000 crore loan for the construction of the greenfield capital city, Amaravati. The loan was approved in a HUDCO board meeting in January and was signed in the presence of Chief Minister N Chandrababu Naidu. The agreement aims to fund the capital city's construction.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖