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Naidu Decides To Bypass Centre

Naidu Decides To Bypass Centre

In a move that could raise the hackles of the Union government, the TDP government has decided to go ahead with a Metro Rail Project for Amaravati despite the Center not giving permission for the same.

The Center had rejected the Metro Rail project saying that it would not be viable in a city with a population of less than Rs 20 lakh. But with Venkayya Naidu promising to get the file cleared, TDP sent the file again to the Urban Development Ministry. There has been no response yet.

The TDP government has meanwhile decided to sign an agreement with the Delhi Metro Rail Authority to execute the project on a turnkey basis.  

The project will cost approximately around Rs 1300 crore and Naidu has decided to bypass the Center and seek the amount as a loan from Japan International Co-operation Agency.

Maybe Naidu should not rush into this project blindly. Hyderabad which has a lot of money is struggling with the L& T project there with many saying that it has turned into a loss making venture for the MNC post-bifurcation. Besides, how will the Center respond to this move of Naidu?

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