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Amaravati will become the growth engine of 2.4 trillion dollar economy: CM Chandrababu Naidu

by Pratik Tripathi
April 4, 2026
in Technology
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Amaravati will become the growth engine of 2.4 trillion dollar economy: CM Chandrababu Naidu
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Amravati, April 3 (IANS). Andhra Pradesh Chief Minister N. Chandrababu Naidu said state capital Amaravati will play the role of a “growth engine” in achieving a $2.4 trillion economy by 2047.

In the press conference on Friday, he said that no one can stop the development of Amravati. He expressed confidence that all major projects related to the capital will be completed by 2028. Naidu also said Prime Minister Narendra Modi, who laid the foundation stone of Amaravati in 2015 and restarted work last year, will inaugurate major projects in 2029.

The chief minister said Amaravati’s development is now “unstoppable” after the passage of the Andhra Pradesh Reorganization (Amendment) Bill 2026 by Parliament. He called it a victory for the “people’s capital” of five crore people.

Naidu celebrated the achievement by distributing sweets at his official residence and said all parties except YSR Congress supported the bill, which aims to give Amaravati the legal status of the state’s only permanent capital.

He expressed surprise at the attitude of YSR Congress MPs, saying that despite being elected from Andhra Pradesh, they did not respect the sentiments of the people of the state.

TDP chief Naidu thanked Prime Minister Narendra Modi, Union Home Minister Amit Shah and the top leadership of Lok Sabha-Rajya Sabha and MPs of all parties for supporting this bill.

The Chief Minister alleged that the YSRCP had tried to hamper the development of Amaravati in the name of “three capitals” from the very beginning and was still trying to create hurdles.

He said states ruled by regional parties should respect the bills passed in Parliament. He also expressed surprise over YSRCP’s statement that they can change the capital if they come to power.

Naidu accused the previous government of not raising the issue of state bifurcation properly and putting the state in a debt trap by mortgaging government properties during its five-year tenure.

He said that despite the financial challenges, after the formation of the coalition government, balanced attention is being given to both development and welfare, for which short-term, medium-term and long-term plans are being worked on.

–IANS

dsc

Tags: BusinessIANSNationalPoliticsScience Technology

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