Andhra names capital Amaravati

Andhra Pradesh Government on Wednesday formally decided to name its proposed capital “Amaravati”, after the capital of Satavahana Kingdom of the Yore. The decision to this effect was taken at the State Cabinet meeting on Wednesday. Chief Minister N Chandrababu Naidu, who returned from Singapore after discussion on the first phase of master plan of the proposed capital, chaired the meeting.

The preliminary master plan prepared by Singapore Government and finalised during Chandrababu Naidu’s visit there, has proposed measures to ensure that the new capital will have high speed rail connectivity, road and waterways as well as the industrial corridors.

It will also be surrounded by several development and industrial corridors including Nizampatnam port to the capital, Telangana border to Nandigama and port town of Machlipatnam to Gannavaram, the airport near Vijaywada. The State Cabinet also approved the new industrial policy with several incentives including 100% reimbursement of stamp duties, special concession in land allotment for investments of `100 crore and more, additional incentives for automobile and biotechnology industries.