
Andhra Pradesh's latest ask: Stand as ‘guarantor' to bring back Singapore to Amravati
Remove Ads
In a bid to bring back Singapore government and investors for Amaravati capital city project, N Chandrababu Naidu-led Andhra Pradesh government has sought the Centre's support in standing as an informal guarantor for the state.Naidu has revived his pet project of a new capital city at Amaravati and has been scouting for investments. He had recently led a high-level delegation to Singapore in end of July. According to sources, Singapore government wants an assurance from the Centre that Amravati capital project has its support.Government officials said this is a way to gauge that the project has the Centre's 'blessings'. Andhra Pradesh IT minister Nara Lokesh met external affairs minister S Jaishankar on Monday to seek the Centre's support. Sources said that if Singapore government comes back to the table, a tripartite agreement will be signed with Andhra government, Singapore government and World Bank as partners. A framework is being discussed to oversee this cooperation which will include officials of the two governments and may have Centre's representative. Speaking after the meeting with Jaishankar, Lokesh said, 'We are hopeful of bringing Singapore government and investors back to Amaravati capital city project. We are yet to finalise the contours of this cooperation. We have sought the Centre's support in pushing this initiative through.'In 2015, a joint venture between Andhra Pradesh government and Singapore Consortium was floated and was known as Amaravati Development Partners. The state Cabinet adopted Swiss Challenge procurement model in June 2015, which came under judicial scrutiny as Indian companies alleged that the process was tailored to favour the Singapore Consortium. As the state government started the process of land pooling to acquire land, the collaboration process lost considerable steam with senior officers incharge from Andhra Pradesh not even attending joint meetings. With YSRCP government under Jagan Mohan Reddy in power, the entire project was stalled. Singapore's reluctance to come back to the table for Amaravati 2.0 comes from the fact that government officials received a lot of flak back homefor this failed partnership. A study on Amaravati being a failed experiment was conducted by Singapore and is now presented as a case study.Naidu partnered with Singapore to bring the country's experience in city design, project management and urban governance to build Amaravati. The Singapore government's Urban Redevelopment Authority and Surbana Jurong prepared Amaravati's Master Plan, which is still being used for Amaravati 2.0.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Indian Express
28 minutes ago
- New Indian Express
MEA rejects Nepal's protest over India-China trade via Lipulekh, cites historical position
NEW DELHI: India on Wednesday rejected Nepal's objection to the resumption of border trade with China through the Lipulekh Pass, saying Kathmandu's territorial claims are 'neither justified nor based on historical facts.' Responding to media queries on remarks by Nepal's Ministry of Foreign Affairs, Indian foreign ministry spokesperson Randhir Jaiswal said, 'Our position in this regard has been consistent and clear. Border trade between India and China through Lipulekh Pass had commenced in 1954 and has been going on for decades.' He said trade through the Himalayan pass had been disrupted in recent years due to the COVID-19 pandemic and other factors, and was now being resumed by mutual agreement between India and China. Nepal has objected to the move, claiming Lipulekh as part of its territory—a position India has consistently contested. 'As regards territorial claims, our position remains that such claims are neither justified nor based on historical facts and evidence. Any unilateral artificial enlargement of territorial claims is untenable,' Jaiswal said. While rejecting Nepal's claim, India reiterated its willingness to engage with Kathmandu. 'India remains open to constructive interaction with Nepal on resolving agreed outstanding boundary issues through dialogue and diplomacy,' Jaiswal said.
&w=3840&q=100)

Business Standard
28 minutes ago
- Business Standard
Flipkart expands Northeast operations with new grocery fulfilment centre
E-commerce firm Flipkart has opened its first grocery fulfilment centre in Agartala, Tripura, marking a strategic expansion into Northeast India's fast-growing online grocery market. The new facility aims to improve last-mile delivery capabilities and offer flexible delivery slots, addressing rising consumer demand in Agartala and surrounding regions. The centre will stock more than 4,000 products, including staples such as rice, flour and pulses, as well as snacks, beverages, household supplies and personal care items. Flipkart said the assortment reflects consumer insights and includes several locally favoured brands to align with regional preferences. The move highlights Flipkart's push to deepen penetration in underserved markets, a key battleground for Indian e-commerce. The company continues to expand its supply chain infrastructure as demand for convenient, same-day delivery grows in tier-2 and tier-3 cities. 'Flipkart leverages its homegrown technology to keenly identify high-demand hotspots and address consumer needs for quality grocery products,' said Rajneesh Kumar, chief corporate affairs officer, Flipkart Group. 'As we continue to expand our footprint across the country, the new FC aligns with our commitment to strengthening partnerships with local farmers, MSMEs and other regional businesses.' Manik Saha, chief minister of Tripura, said this development marks an important step in enhancing the state's digital infrastructure and strengthening its supply chain capabilities. 'I am confident that this initiative will contribute meaningfully to local employment generation and skill development, empowering our youths and communities,' said Saha. Tripura is emerging as a key market for digital retail in the Northeast, with growing demand for e-grocery services. With its evolving consumer landscape and expanding digital footprint, the state presents a significant growth opportunity for Flipkart. By investing in Tripura's e-commerce infrastructure, Flipkart aims to bridge the digital divide, serve value-conscious customers beyond metros and support inclusive regional development. Spread over 35,000 square feet, the new facility has a dispatch capacity of more than 5,000 orders per day across Tripura as well as Manipur, Meghalaya, Mizoram and Nagaland. The FC will provide more than 200 direct and indirect job opportunities while unlocking market access for small businesses, MSMEs and local farmers. This launch is part of Flipkart's broader strategy to enhance serviceability in the Northeast while empowering local ecosystems through economic participation.

Business Standard
28 minutes ago
- Business Standard
Nivea India MD urges PLI for personal care sector, clearer cosmetic rules
A top executive at Nivea's India arm on Wednesday urged the introduction of production-linked incentives (PLI) in the personal care sector, while also calling for clearer regulatory demarcations between cosmetics and drugs. 'PLI, in its current form, is centred around food and pharmaceuticals. Personal care is an area that can be looked at a little more, as that will allow more competitiveness and opportunities for us to also export,' said Geetika Mehta, managing director, Nivea India, at Massmerize 2025, organised by FICCI. The company operates a manufacturing facility in Sanand, Gujarat, from where it also exports products to neighbouring countries. 'We need to take the footprint beyond, which can happen through the PLI,' she added. Mehta also stressed the need for finer regulatory demarcations between cosmetics and drugs. 'The personal care space is generally looked at like drugs and cosmetics together. Of course, there is already some kind of demarcation, but I think more needs to happen there, because drugs, rightfully, need to be more regulated and cosmetics need a little more space,' she said, adding that cosmeceutical products (cosmetics with bioactive ingredients) do not necessarily require the same level of regulation as pharmaceuticals. On ease of doing business and manufacturing in India, Mehta highlighted the challenges in importing new products. 'The import requirements are really hard. Sometimes it takes nine months to register a product,' she said. 'That can be hard for organisations that need to test waters before starting production in India. It often gives us cold feet about whether we really want to look at newer products or continue what we have. Experimentation is great for the Indian consumer, so why shouldn't we allow space, of course within limits, to try new products?' she said.