Published On: Mon, Apr 2nd, 2018

AP government set to collect money from the public

Andhra Pradesh government is all set to implement a new procedure that may shock national level parties as well. Wonder how this is possible? Here is the answer.

AP chief minister, Chandra Babu Naidu stated that the public should lend some money to the government so that they build a world-class capital in Amaravati. He urged the settled and wealthy individuals to make some donations towards the capital.

Babu has already appointed a committee to come up with strategies to implement this idea. Reportedly, the government will issue bonds and agreements for the money lent by the citizens. The money will be repaid with additional interest in the disclosed tenure. Even NRI’s can make donations to the capital, said sources.

If Babu can actually make this happen, we can expect some sizeable donations for the capital. We have to wait and watch if this is possible in the practical world.