Amaravati to be growth engine for $2.4 trillion economy: Andhra CM
Amaravati, April 3 : Amaravati, the capital of Andhra Pradesh, will serve as a growth engine for the state to achieve a 2.4 trillion-dollar economy by 2047, Chief Minister N. Chandrababu Naidu said on Friday.
Addressing a press conference, he asserted that no one can stop the development of Amaravati.
He exuded confidence that all major works in the state capital will be completed by 2028, and Prime Minister Narendra Modi, who laid the foundation for Amaravati in 2015 and re-started the works last year, will inaugurate major projects in 2029.
Chandrababu Naidu remarked that, with the Bill's passage by Parliament, Amaravati is unstoppable.
He described the passing of the Andhra Pradesh Reorganisation (Amendment) Bill 2026 by both Houses of Parliament as a victory of five crore people for “people’s capital” Amaravati.
The Chief Minister, who celebrated the occasion by distributing sweets at his official residence, said that, barring the YSR Congress, all parties supported the Bill aimed at providing legal status to Amaravati as the sole and permanent capital of Andhra Pradesh.
He expressed surprise over the opposition to the Bill by YSRCP MPs who got elected from Andhra Pradesh but failed to protect and honour the interests and sentiments of the people.
The Telugu Desam Party (TDP) president thanked Prime Minister Narendra Modi, Union Home Minister Amit Shah, and MPs from all parties, including the Lok Sabha Speaker and Rajya Sabha Chairman, for extending support to the Amaravati Bill.
The Chief Minister said that while the entire country supported Amaravati in passing a Bill in Parliament, the YSRCP began opposing it from the beginning and hatched conspiracies to prevent the development of Amaravati as the state capital in the name of the three capitals.
He remarked that they are still making efforts to create hurdles for Amaravati.
The Chief Minister said that the states ruled by regional parties should honour the Bills passed in Parliament and expressed surprise over the remarks of YSRCP on changing the capital if they come to power.
He alleged that the previous government failed to raise the issue of state bifurcation and pushed the state into a huge debt trap by mortgaging government properties during its five-year regime.
The Chief Minister said that, after the coalition government came to power, despite financial constraints, it has been focusing on development and welfare, balancing them through short-term, mid-term, and long-term planning.