Amaravathi loan: Chandrababu vs Bugganna

Amaravathi loan: Chandrababu vs Bugganna
Amaravathi loan: Chandrababu vs Bugganna

It’s known fact that World Bank has turned down the loan proposal that worth Rs 2000 Crores. Farmers who have given their lands for building the capital Amaravati started to panic with this news. In the assembly, both the ruling and opposition parties had a heated discussion on this.

Speaking to the WB dropping loan proposal Telugu Desam chief Nara Chandra Babu Naidu said, decisions of YSRCP are leaning towards the benefits of Telangana state. Value of lands was seriously dropped which makes the farmers to worry about their future as their valuable contribution towards building the capital is turning to be nullified.

Naidu said that while YSRCP in opposition, they provoked the farmers to write against the Amaravati to the World Bank. He further added saying, his government was clean and has nothing to do with the corruption and just because of YSRCP’s decision, the Union government has withdrawn the loan proposal.

On to CBN statements, YSRCP Bugganna repelled saying, Chandrababu is purely lying and provoking on Amaravati project where, in fact, the World Bank has found faults in the report that was provided by TDP government which made the big bank to get scared on their government loot and scams. Bugganna further said, WB has appreciated YSRCP government decision and is also showing interest in funding thumping 5000 crores for the possible help.