As a result, the unfinished roads and buildings were damaged and cost escalated to an enormous amount. The credit ratings of Amaravati bonds were affected negatively. The brand image of the state suffered and the confidence of investors was shaken.
Chief Minister N Chandrababu Naidu on Friday said that the damage inflicted on the Polavaram project during the past five years of YS Jagan Mohan Reddy’s rule was worse than that during the bifurcation of unified Andhra Pradesh.
The under-construction buildings of the proposed state capital were damaged under the previous YSRCP government of YS Jagan Mohan Reddy that had abandoned the project.
TDP chief N Chandrababu Naidu on Wednesday took oath as the chief minister of Andhra Pradesh for the fourth time in a star-studded programme attended by Prime Minister Narendra Modi and other key BJP leaders and celebrity film stars.
Following the swearing-in, leaders of the NDA alliance from the TDP, JSP and the BJP will meet the Andhra Pradesh governor to stake claim to form a government under the chief minister-designate.
Naidu is scheduled to be sworn-in as chief minister on 12 June in the presence of a host of VIPs, including Prime Minister Narendra Modi, who are expected to attend the ceremony.
The TDP chief on Thursday held a meeting with party MPs at his residence in Undavalli while the rest joined him through Zoom. He informed the MPs that he will take oath on 12 June.
TDP chief N Chandrababu Naidu assured on Wednesday that he was with the NDA and will attend the alliance meeting today.
While there is no doubt that the National Democratic Alliance, cumulatively poised for an absolute majority, will form the government, its shape and direction will depend on how adroitly the dominant party within the grouping manages the demands of its partners.
YSRCP MP Gorantla Madhav has triggered a controversy by claiming that Naidu would die in 2024 and YS Jagan Mohan Reddy would again become the chief minister of Andhra Pradesh.
