Thursday, 27 November 2014

Andhra Pradesh govt to create Capital Region Development Fund with Rs 1,000 crore seed capital.

In the CRDA draft Bill, the government said it will create a Revolving Fund for the Authority with Rs 250 crore so that it can carry out its work under this Act and for undertaking development of amenities and infrastructure facilities in the development area. The financial expenditure for CRDA would be Rs 1,250 crore initially.

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