Andhra Pradesh to get ₹15000 crore for capital Amaravati

Andhra Pradesh to get ₹15000 crore for capital Amaravati

Subject:  GEO

Sec: Eco geo

Context:

Centre has committed to develop A.P.’s capital Amaravati and would develop the multipurpose irrigation project Polavaram which is supposed to be the lifeline of the State.

More on News:

• Centre of the dismal financial situation in the State owing to irregularities of the past government and sought substantial financial support for the Amaravati Capital, Polavaram project and other infrastructural development in the State.
• To develop the multipurpose irrigation project Polavaram which is supposed to be the lifeline of the State.

Industrial Corridor:

• An industrial corridor is basically a corridor comprising of multi-modal transport services that would pass through the states as main artery.
  • Freight cargo from industrial and National Investment and Manufacturing Zones (NIMZs) located upto a distance of 100-150 km on both sides of this main artery are brought to the industrial corridor via rail and road feeder links that provides last mile connectivity.
  • This will lower costs of logistics and enable firms to focus on their areas of core competence.
• Industrial corridors offer effective integration between industry and infrastructure, leading to overall economic and social development.
• Promotion of industrial development, funds for essential infrastructure such as roads, water, power and railways.

Polavaram Project:

• It is an under-construction multi-purpose irrigation project on the Godavari River in the Eluru District and East Godavari District in Andhra Pradesh.
• The project has been accorded National project status by the Union Government of India.
• Objectives:
  • Development of Irrigation, Hydropower and drinking water facilities in East Godavari, Vishakhapatnam, West Godavari and Krishna districts of Andhra Pradesh. 
  • The project envisages the generation of 960 MW of hydropower, drinking water supply to a population of 28.50 lacks in 611 villages
  • The ultimate irrigation potential of the project is 4.368 lakh ha.
  • The project implements the Godavari-Krishna link under the Interlinking of Rivers project.

Chennai-Vizag industrial corridor:

• The Kopparthy Industrial Node, the corridor between Visakhapatnam and Chennai will be developed on priority basis.
• East Coast Economic Corridor (ECEC) covers West Bengal, Odisha, Andhra Pradesh and Tamil Nadu. Vizag to Chennai segment of this Corridor has been taken as phase-1.
  • Vizag-Chennai Industrial Corridor (VCIC) is the first coastal economic corridor in the country.
  • It covers more than 800 km of Andhra Pradesh’s coastline and is aligned with the Golden Quadrilateral. It also plays a critical role in the “Act East Policy” of India.