Rs 15,000 Crore For Andhra Pradesh's New Capital: Nirmala Sitharaman | Read

Presenting her seventh straight budget, Finance Minister Nirmala Sitharaman on Tuesday said Andhra Pradesh will get support of Rs. 15,000 crore to develop its capital. TDP Chief Chandrababu Naidu, the chief minister of Andhra Pradesh, is a key ally of the BJP, which is dependent on NDA constituents this time to reach the majority mark in the Lok Sabha. 

The announcement meets a key demand of the state government, which had, in the pre-budget meeting, sought a grant of Rs. 15,000 crore for the construction and development of Amaravati as the sole capital of Andhra Pradesh.

Presenting the budget, Ms Sitharaman said the Centre recognises Andhra Pradesh's need for a capital and will facilitate support through multi-lateral development agencies