Andhra Pradesh's Strategic Leap: Land Pooling Boosts Amaravati's Greenfield Development
Andhra Pradesh CM N Chandrababu Naidu announces Rs 40,000 per acre lease plus benefits for farmers participating in the second phase of the Land Pooling Scheme for Amaravati's development. This initiative aims to enhance infrastructure with a targeted acquisition of 94,000 acres for city expansion and development projects.
- Country:
- India
In a significant move, Andhra Pradesh Chief Minister N Chandrababu Naidu has proposed a Rs 40,000 per acre annual lease to farmers in Amaravati participating in the second phase of the Land Pooling Scheme.
The scheme, announced over the weekend, includes a planned annual increase of Rs 3,000 and a Rs 1.5 lakh crop loan per household, marking the government's continued commitment to agricultural stakeholders.
With necessary expansions like a new railway station and an international sports city in the pipeline, this initiative aims to secure an additional 94,000 acres to enhance Amaravati's infrastructure.
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