The Economic Times

Amaravati bill to restore investor confidence, unlock Rs 56,000-crore for development: Pemmasani

The Lok Sabha has passed a bill making Amaravati the sole capital of Andhra Pradesh. This move is set to revive investor confidence and unlock significant infrastructure development. The bill provides legal clarity, ending years of uncertainty. Amaravati is envisioned as a global-standard city and a key growth engine for the state. This will accelerate investments and generate employment.