Centre releases over Rs 4,200 crore to Andhra for Amaravati capital project
Amaravati (PTI): The Central Government has released over Rs 4,200 crore to Andhra Pradesh for Amaravati Capital Development project after it (centre) received the first disbursement of USD 205 million from the World Bank, a senior official has said.
The World Bank and Asian Development Bank (ADB) together committed to fund USD 1600 Million (Rs 13,600 crore), USD 800 Million each, for Amaravati capital city phase-I development, while the Centre will be contributing remaining Rs 1,400 crore, out of the Rs 15,000 crore committed by the Central Government for phase-I of the development.
According to the World Bank documents the project became effective on January 22 this year and the first disbursement of USD 205 million for program advance was done last month.
"Out of this total Rs 15,000 crore, there is a sharing between the World Bank, ABD and the centre. The ADB also may have given same amount (USD 205 million). I do not know exactly how much the ADB has given to the Government of India. The Centre has also released its matching amount of around Rs 800 crore. So we have received a total of Rs 4,285 crore from the Centre on April 1,” the official told PTI.
According to the official , the Centre has agreed to give 25 per cent of the total committed amount as "Mobilisation Advance" and the amount that was released is under this head.
The next instalment of the committed amount will be released after the state government shows some progress and submit bills or utilisation certificates, the official added.
"That (second tranche of funds) will take time. It will take at least six months, because the works have just started and in another two to three months they will pick up," the bureaucrat said.
On some complaints lodged with the World Bank expressing concerns over the environmental and livelihood issues, he said the World Bank and ADB have their own strong mechanism for redressing the grievances which is independent of their board also.
In fact, a delegation of six members, three each of WB and ADB visited Amaravati last month and expressed satisfaction after an inquiry.
AP chief secretary K Vijayanand recently said Prime Minister Narendra Modi will relaunch Amaravati greenfield capital city construction in April, which will entail the resumption of works worth about Rs 1 lakh crore.
The International Bank for Reconstruction and Development (IBRD), part of the World Bank which provides loans and guarantees among others, to middle-income and creditworthy low-income countries will be funding USD 800 besides ADB.
According to the WB document , the Department of Economic Affairs at the Centre is the borrower while the Andhra Pradesh Capital Regional Development Authority is the implementing agency.
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Post poll TN alliances divided in supporting TVK
Chennai (PTI): In a changed political atmosphere in Tamil Nadu with no single political party having a simple majority to form the government post the Assembly election, opinion is divided among the allies led by the Dravidian majors in extending external support to Vijay-led TVK in government formation.
Both the DMK and AIADMK are at unease as the Congress and also a section in the AIADMK express willingness to extend external support to Vijay-led Tamilaga Vettri Kazhagtam in forming the government.
Post poll, the TVK's political prospects appear to impact alliances led by both the Dravidian majors in a different manner, triggering a speculation of a split.
Leema Rose Martin, who won from Lalgudi on an AIADMK ticket, has stated that talks were underway on extending support to the TVK. Her son-in-law Aadhav Arjuna, who won from Villivakkam is TVK's general secretary.
On May 5, former AIADMK minister O S Manian, emerging from his meeting with party general secretary Edappadi K Palaniswami, stated that AIADMK would not support TVK in forming the government.
The AIADMK, which finished third in the elections with 47 seats has cancelled its meeting of MLAs designate on Wednesday amidst a difference in extending external support to the TVK, which won 108 seats, including two seats by its founder Vijay.
As Vijay is gearing up for his swearing-in on May 7, the police have tightened security at his residence here. The party has lodged its MLA-elect at a resort in Mamallapuram and has simultaneously engaged in talks with the Congress and AIADMK, a source said.
The DMK that won 59 seats on its own, has convened a meeting of its newly elected legislators on May 7 evening and the party is likely to elect the youth wing secretary Udhayanidhi Stalin, who won from Chepauk-Thiruvallikeni as its legislature party leader.
Congress general secretary K C Venugopal admitted that TVK chief Vijay requested the Congress for support to form the government.
"The INC is clear that the mandate in Tamil Nadu is for a secular government, committed to protecting the Constitution in letter and spirit. The INC is determined not to allow the BJP and its proxies to run the government of Tamil Nadu in any manner. Thiru Vijay has also spoken about drawing inspiration from Perunthalaivar Kamaraj," he said.
Accordingly, the Congress leadership has directed the TNCC to take a final decision on Vijay’s request, keeping in view the sentiments of the state as reflected in the electoral verdict, Venugopal said in a statement.
DMK spokesperson Saravanan Annadurai slammed the Congress decision and said the move to ally with TVK, pledging the support of its five MLAs to the party, was tantamount to "backstabbing the DMK and the people of Tamil Nadu."
"They have betrayed the mandate given by the people. Even before the ink on the returning officer’s signature on the victory certificate has dried, they have chosen to go ahead with this alliance," he told PTI.
The most important question was who took this "foolhardy decision, and how is it going to backfire on the Congress?" he asked.
"I don’t think they had any serious deliberation on this. The larger issue is their opposition to the BJP, which is their ideological enemy. We have supported the Congress throughout. It was our leader M K Stalin, who named Rahul Gandhi as the prime ministerial candidate when the BJP and RSS were criticising him. And now, within a day, they say they are supporting TVK. This is not the mandate of the people of Tamil Nadu,” Saravanan said.
The Congress' exit from its long-standing alliance with the DMK will be a significant moment in the political scenario of the state, commentator and political analyst Sumanth Raman said.
The Congress may be betting on the TVK as a long-term partner option, but that comes with risks, as the TVK is as yet an unknown quantity, he said.
"For the DMK, if the TVK+Congress becomes the choice of the minorities as it well could, it is an existential threat. It was the minority vote that gave the DMK alliance a 12%-15% cushion in the polls. If that goes, their chances of winning drops dramatically," Raman said on 'X.'
The Congress won 5 seats. However, DMK's other allies, the IUML, VCK, CPI and CPI (M) and DMDK have categorically stated that they would not support TVK.
As of now, the TVK requires the support of 11 MLAs to attain a simple majority of 118 to form the government.
The PMK, which won 4 seats and AMMK one - both allies of AIADMK - have not announced their decision yet.
"AIADMK’s real post-result drama may not be outside the party, but inside it. Whispers from the west and north suggest that a Coimbatore hand and a Villupuram voice may soon ask the question everyone is avoiding: Is it time to save the party from the leadership, before the cadre are forced to do it themselves? In politics, coups don’t begin with slogans. They begin with silence, phone calls and “review meetings,” Aspire Swaminathan, who is credited with founding the AIADMK IT wing in 2014, said on 'X.'
He has resigned from the AIADMK in 2021 and now acts an as independent political analyst.
