InfrastructureLatest Stories

Andhra CM Unveils ₹40,000 Lease per Acre for Amaravati Phase II

Representative AI image AMARAVATI: Andhra Pradesh Chief Minister N Chandrababu Naidu has announced a lease of Rs 40,000 per acre for a decade to farmers participating in the second phase of the Land Pooling Scheme for the new capital city, Amaravati. Additionally, the chief minister pledged to increase the lease amount by Rs 3,000 annually and provide a crop loan up to Rs 1.5 lakh per household, according to a press release issued on Saturday. Municipal Minister P Narayana stated on April 10 that a total of 31,150 farmers have contributed nearly 34,983 acres, including 1,000 acres from Pedaparimi village…

InfrastructureLatest Stories

Andhra Pradesh Issues Guidelines for Land Pooling Scheme II

AI-generated Representative Image VIJAYAWADA: In a bold initiative, the state government is set to acquire an additional 40,000 to 45,000 acres for the construction of the capital city by introducing the guidelines for Land Pooling Scheme-II (LPS). Prior consultations have been held in Tadikonda and Pedakurapadu constituencies to facilitate the implementation of LPS-II, laying the foundation for an official launch. The government is also exploring options for acquiring further land to establish an international airport, a sports city, and smart industrial zones. Despite concerns from farmers who previously ceded their land in the first phase of LPS around a decade…