Amaravati will be self-financing project

[psycontr]

 

[CanadianMalodu]

5 minutes ago, psycontr said:

 

"We borrow anta" clear gane cheppadu, Appu chesi chicken koodu concept.

Enni vela kotla project? Entha Appu? Entha land ammithe recover avuddhi? Evadu kontadu? Avi matram cheppamu.

 

 

[Teluguredu]

these people are gambling with the state future.

It's different in countries like China and saudi with surplus money  ,even gift needed to be bailed out by central government and that's nowhere as big as amaravathi.

[CanadianMalodu]

46 minutes ago, Teluguredu said:

these people are gambling with the state future.

It's different in countries like China and saudi with surplus money  ,even gift needed to be bailed out by central government and that's nowhere as big as amaravathi.

No gambling. Outright mortgage. The whole idea was to mortgage next 2 generation of Andhra atleast for instant gain on RE. World bank is a debt trap. We're already running deficits and servicing the existing debt itself is difficult. Now to service this extra debt, government will raise revenue from land registrations, liquor sale and what not. Thammulu don't understand this.

[Teluguredu]

21 minutes ago, CanadianMalodu said:

No gambling. Outright mortgage. The whole idea was to mortgage next 2 generation of Andhra atleast for instant gain on RE. World bank is a debt trap. We're already running deficits and servicing the existing debt itself is difficult. Now to service this extra debt, government will raise revenue from land registrations, liquor sale and what not. Thammulu don't understand this.

He is saying that re gains will be extremely high that those parcels can be sold to private individuals to pay back the debt.

noone knows how much the re value is going to go up and why people would invest in amaravathi in the first place when there are much safer and stable ventures.

[CanadianMalodu]

Just now, Teluguredu said:

He is saying that re gains will be extremely high that those parcels can be sold to private individuals to pay back the debt.

noone knows how much the re value is going to go up and why people would invest in amaravathi in the first place when there are much safer and stable ventures.

Ultimately they want all their b€nami$ and themselves to benefit. The point being Big for fish benefit only if small fish are trapped. 

That means they need to push population density to astronomical levels, by concentrating industry there. Even then I'm not sure if Amravathi can reach up to the level of Vishakapatnam forget Hyderabad. 

Small fish are also smarter these days. They are thinking the same as well. 

 

[Teluguredu]

3 minutes ago, CanadianMalodu said:

Ultimately they want all their b€nami$ and themselves to benefit. The point being Big for fish benefit only if small fish are trapped. 

That means they need to push population density to astronomical levels, by concentrating industry there. Even then I'm not sure if Amravathi can reach up to the level of Vishakapatnam forget Hyderabad. 

Small fish are also smarter these days. They are thinking the same as well. 

 

They can't force people to go there unless they can provide better facilities than other cities which is very difficult ,why would any one chose to be in amaravathi when hyderabad is an established city and more stable ,it makes no sense ,and the incentives they have to give to industries to be setup in amaravathi is another tax burden on people,even gift city couldn't do it and has to be bailed out by centre government .

[CanadianMalodu]

2 minutes ago, Teluguredu said:

They can't force people to go there unless they can provide better facilities than other cities which is very difficult ,why would any one chose to be in amaravathi when hyderabad is an established city and more stable ,it makes no sense ,and the incentives they have to give to industries to be setup in amaravathi is another tax burden on people,even gift city couldn't do it and has to be bailed out by centre government .

Government has the power to force people. This was why Baboru visited  Astana, Kazakhstan. The capital was moved to Astana from Almaty. Historically speaking cities come from trading posts and  settlements close to trade routes (sea, rivers) and then force established by rulers.  Baboru is taking the second route. Entire state budgets for years will run deficits to make Amaravathi work. Im out it's progression will depend on how BJP handles Jagan.