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…