In a move that could raise the hackles of the Union government, the TDP government has decided to go ahead with a Metro Rail Project for Amaravati despite the Center not giving permission for the same.
The Center had rejected the Metro R
The TDP government has meanwhile decided to sign an agreement with the Delhi Metro Rail Authority to execute the project on a turnkey basis.
The project will cost approximately around Rs 1300 crore and Naidu has decided to bypass the Center and seek the amount as a loan from Japan International Co-operation Agency.
Maybe Naidu should not rush into this project blindly. Hyderabad which has a lot of money is struggling with the L& T project there with many saying that it has turned into a loss making venture for the MNC post-bifurcation. Besides, how will the Center respond to this move of Naidu?
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