← Back
Article image
πŸ“° News ⏱ 2 min
πŸ”‘

Key Points

5 points
1

Chief Minister Chandrababu Naidu launched projects worth 11,360 crore rupees.

2

Implementation will cover 123 towns in 26 districts under the Hybrid Annuity Model.

3

Infrastructure upgrades include roads, street lights, parks, and new housing units.

4

Waste‑to‑energy facilities will be increased, and free bus rides for women are being introduced.

5

Target: all municipalities become Swarna municipalities by 2047.

πŸ“–

Summary

The projects, valued at approximately 11,360 crore rupees, will be carried out in 123 municipalities across 26 districts using the Hybrid Annuity Model for the first time.

Key components include construction of roads, installation of street lighting, creation of parks, and the building of affordable housing for low‑income families.

The state also plans to expand waste‑to‑energy plants and provide free bus services for women in selected routes.

The long‑term goal is to transform every municipality into a ‘Swarna municipality’ (golden municipality) by 2047, improving urban living standards.

πŸ“˜

New Words to Learn

7 words
Chief Minister
The head of the government of an Indian state.
Hybrid Annuity Model
A financing scheme that combines government funding with private sector investment to complete large projects.
municipality
A local governing body for a city or town.
crore
A unit equal to ten million, used in Indian numbering.
infrastructure
Essential physical systems such as roads, bridges, and utilities that support daily life.
waste‑to‑energy
Technology that converts solid waste into usable energy like electricity.
Swarna municipality
A term meaning a 'golden' or highly developed and clean town.
πŸ”— Read Full Article β†’

Want to learn even more? Click here to read the full story!

πŸ”Š Reading Article
Kid-friendly voice
πŸ†

New Badge Unlocked!

Badge Name
Badge description