TNPSC Thervupettagam

World Bank Funding for Amaravati Project

April 15 , 2026 13 hrs 0 min 30 0
  • The World Bank released $340 million for Phase I of Amaravati in Andhra Pradesh.
  • An additional $130–150 million is expected to be released in April 2026.
  • The project is jointly supported by the World Bank and Asian Development Bank with a total commitment of $1.6 billion.
  • The Government of India has also committed about 15,000 crore for the project.
  • It is implemented under the Amaravati Integrated Urban Development Programme (AIUDP) using a Program-for-Results (PforR) model.

 

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories