Official - Its Jagan who wrote to World Bank

[Hitman]

The sudden decision of the World Bank to drop the proposal to lend US $ 300 million (approximately Rs 2100 crore) for the infrastructure development in Amaravati, the capital city of Andhra Pradesh has surprised many.

Though it is a fact that the new government headed by YSR Congress party president Y S Jagan Mohan Reddy has not been evincing much interest in Amaravati project works, there was never any indication that the World Bank would withdraw its loan proposal.

However, on Friday, it has become clear to everyone as to why the World Bank took such a decision.

The bank authorities made it clear that the loan was dropped following a letter from the NDA government at the Centre withdrawing the request for financing the Amaravati Sustainable Infrastructureand Institutional Development Project.

Apparently, the Centre had written to the Board of Executive Directors of the World Bank it was not interested in the loan and the board had dropped its plan to extend lending for the proposed project.

In 2016, Naidu government had put forth the proposal for a loan of US $ 715 million, of which the bank had committed to extend assistance of US $ 300 million.

But the question is why the Centre has written to the World Bank withdrawing the loan proposal.

Apparently, the proposal to reject the loan has come from the Jagan Mohan Reddy government itself and was routed to the World Bank through the Centre, since any external loan borrowed by any state has to be forwarded through the Centre.

“The World Bank deals with the countries and not individual states within the country. It gives loan to a state through the Centre. So, if the state doesn’t want loan, it has to be conveyed to the World Bank through Centre. That is what has happened here,” an official said.

 

Retribution of Revenge? 

[LazyRohit]

[tacobell fan]

Akkada matter adi kadu. When world bank wanted to investigate and review before sanctioning after new Gov, YSR Party wanted to have some time before they settle in. So they asked Centre to do the mediating job to the world bank. 

[Hitman]

3 minutes ago, tacobell fan said:

Akkada matter adi kadu. When world bank wanted to investigate and review before sanctioning after new Gov, YSR Party wanted to have some time before they settle in. So they asked Centre to do the mediating job to the world bank. 

proof pls.

 

In this case.. they would have changed status to "Pending-Waiting for Customer" .. not Dropped. 

[Spartan]

  the question here should be..why did Jagan or his followers wrote this to World Bank..

a topic vadilesi..nuvve rasav..Jagan rasadu antarendi....

Illegal and brutal land pooling jargindi against will ani chepparu..

and that is the reason Central Govt backed out of supporting, so CBn went to WB, which initially agreed, but after letters from opposition and Central Govt backing out..drop ayyaru....

 

[afdb001]

6 minutes ago, Hitman said:

The sudden decision of the World Bank to drop the proposal to lend US $ 300 million (approximately Rs 2100 crore) for the infrastructure development in Amaravati, the capital city of Andhra Pradesh has surprised many.

Though it is a fact that the new government headed by YSR Congress party president Y S Jagan Mohan Reddy has not been evincing much interest in Amaravati project works, there was never any indication that the World Bank would withdraw its loan proposal.

However, on Friday, it has become clear to everyone as to why the World Bank took such a decision.

The bank authorities made it clear that the loan was dropped following a letter from the NDA government at the Centre withdrawing the request for financing the Amaravati Sustainable Infrastructureand Institutional Development Project.

Apparently, the Centre had written to the Board of Executive Directors of the World Bank it was not interested in the loan and the board had dropped its plan to extend lending for the proposed project.

In 2016, Naidu government had put forth the proposal for a loan of US $ 715 million, of which the bank had committed to extend assistance of US $ 300 million.

But the question is why the Centre has written to the World Bank withdrawing the loan proposal.

Apparently, the proposal to reject the loan has come from the Jagan Mohan Reddy government itself and was routed to the World Bank through the Centre, since any external loan borrowed by any state has to be forwarded through the Centre.

“The World Bank deals with the countries and not individual states within the country. It gives loan to a state through the Centre. So, if the state doesn’t want loan, it has to be conveyed to the World Bank through Centre. That is what has happened here,” an official said.

 

Retribution of Revenge? 

deeni vall laabham enti??

 

ap ki bokke kada!!!

[erragulabi]

2 minutes ago, tacobell fan said:

Akkada matter adi kadu. When world bank wanted to investigate and review before sanctioning after new Gov, YSR Party wanted to have some time before they settle in. So they asked Centre to do the mediating job to the world bank. 

missing critical point. outside investigating agencies ni center dont want to allow as it will be a mark on country if allegations are proved which will affect other states funding

[tacobell fan]

2 minutes ago, Hitman said:

proof pls

Obviously @jagan  welcomes more money but he also played key role in instigating farmers by arranging meeting to revolt against Land Pooling. 

Watch from there. Don't tell me this is fake news. 

https://youtu.be/aPhR8MLQ3xA?t=152

[LazyRohit]

AP competing ASSAM 

[Hitman]

1 minute ago, afdb001 said:

deeni vall laabham enti??

 

ap ki bokke kada!!!

Its revenge. who owns Amaravathi lands? all TDP supporters..

Jagan will start talking decentralization of capitol... he will start saying some to Donakonda, SOme to Seema areas.. thats how they will make money for next elections..

Finally Amaravathi is RIP. 

[erragulabi]

crores petti NRIs land konnaru, valla paristhithi ndi ippudu? 

[Hitman]

Just now, erragulabi said:

crores petti NRIs land konnaru, valla paristhithi ndi ippudu? 

its NRI's of one community.. andaru.. pissukovadame.. 

[tacobell fan]

3 minutes ago, erragulabi said:

missing critical point. outside investigating agencies ni center dont want to allow as it will be a mark on country if allegations are proved which will affect other states funding

That is only 1% of the issue. Lot of States asking loans from Foreign banks and obviously they won't give you loan without verifying the facts. Same World bank wanted to do. Center is a just a blame game. If TDP in ruling now, CBN love to suck those funds and you will never hear such news. But IMO, all those farmers legitimately wrote emails/letters brought lot of famous people across India to make it a news. 

[Anta Assamey]

8 minutes ago, tacobell fan said:

Akkada matter adi kadu. When world bank wanted to investigate and review before sanctioning after new Gov, YSR Party wanted to have some time before they settle in. So they asked Centre to do the mediating job to the world bank. 

అంటే జగన్ మోహన్ రెడ్డీ గవర్నమెంట్ asked  time and world bank ki అది ఇష్టం లేదు అంటున్నావా  .... 

[Anta Assamey]

6 minutes ago, erragulabi said:

missing critical point. outside investigating agencies ni center dont want to allow as it will be a mark on country if allegations are proved which will affect other states funding

Loan approve చేసే అప్పుడు ఎక్కడైనా first investigate  చేస్తారు కదా.....