CBN new Idea to fetch money for Amaravathi

We never heard news that any state government issue government Bonds for the construction of capital. But CBN's innovation thought generating wealth for the state. Like what he did pooling 33K acres of land from the farmers for Amaravathi. It is very strange that issuing Government Bonds for money to construct AP's new capital Amaravathi. CRDA listed Amaravathi Bonds at Bombay Stock Exchange (BSE) on July 27th aiming to procure 1300 crores from the investors.

There is huge response from the Investors for getting Amaravathi Bonds on August 14th in BSE. This overwhelming response register 1.53 oversubscription for Amaravathi Bonds. CRDA received additional 2200 crores instead of aiming 1300 bonds. It is because of trust and confidence on Chandrababu Naidu. CRDA is thought of making Bonds available to public to raise more money from the public that helps to construct Amaravathi Capital.

Now politics turned around in the state. TDP leaders lashed out BJP and Modi on overwhelming response for Amaravathi Bonds. Getting 2200 crores from issuing Bonds is more than than BJP Government's allocation of 1500 crores. YSRCP and Jenasena leaders criticized that TDP didn't start any constructions in the CRDA region. Investors showing their interest of 10.32% for Amaravathi Bonds and two years No.1 position in Ease Of Doing Business (EODB) may attract them to buy the Bonds.

Comments

Photo : Savitri during her last days

Even after 4 decades of her death, people are very much interested to watched her (Savitri) biopic. Mahanati turned to be stupendous success. On eve of remembering Savitri, here we posted Savitri photo. The photo seems her last days. The man stand behind Savitri is Gemini Ganeshan who married Savitri. It seems that she suffered bad days during her last days.

Girl signed on 100/- Stamp Paper for getting 5K!

YSRCP Govt gave notification for more than 2.6 lakh jobs for Village Volunteers and was selected through interview process. All unemployed youth from SSC to Graduate were applied for the posts.

Rare Collection : Bhuma Nagi Reddy with Sr. NTR

Please check the photo. It was in 1994 after TDP regains power in AP. Bhuma Nagi Reddy and SV Subba Reddy (father of Shobha Nagi Reddy) were met NTR along with their families. Bhuma Nagi Reddy was elected first time to Assembly as TDP candidate from Allagadda in 1992 bye-election. Again he was elected as MLA from same constituency in 1994 as TDP candidate. In 1991, late NTR decided not to field TDP nominee opposite first Telugu Prime Minister PV Narasimha Rao. In 1996, Chandra Babu Naidu (NTR was died) was selected Bhuma against them Prime Minister PV in Nandhyala. In 1991, PV majority was more than 5 lakhs but in 1996 his massive majority comes down below one lakh. It can only possible to Bhuma. PV retained Barampur in Orissa and resigned for Nandhyala. TDP was selected Bhuma as it's candidate in 1996 bye-election and Bhuma won over 4lakh majority against Gangula. Bhuma was elected again in 1998 and in 1999 bye-elections from Nandhyala. All the three times he defeated Ga...

A2Z

Search This Blog