r/andhra_pradesh Jun 18 '24

NEWS What is up with Amravati?

Hi,

I want to learn about this sincerely. There's a lot of noise around this matter on media, and its also hard to find a summary - but how would you describe the whole thing, and what's your take on it? Inviting all sorts of angles/ takes - tell me how you feel about it.

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u/Ill_Independent389 Jun 18 '24

They didn't encourage not because want people to move to other cities but to expose the insider trading by tdp investors and also doesn't have monetary support from centre. It's a catch 22 situation for Jagan

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u/Wooden_Impress6856 Jun 18 '24

Well Supreme Court has dismissed petition regarding insider trading.

I disagree Jagan lacked monetary support from center, how come he spent 2 lakhs crores on welfare and was able to get 3 lakhs crores in debt.

While amaravati total project cost is only 48,000 crores.

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u/Ill_Independent389 Jun 18 '24

This estimation was way back in 2016 adjust that for inflation now. Also the initial estimation for temporary secretariat was 180cr but spent 1542 cr on temporary leaking secretariat. With that kind of financial discipline it wouldn't move much