06-10-2023, 05:03 AM
Parliament: No grants, subsidies given to developing India's Amaravati city, says Iswaran.
"SINGAPORE - When the Chief Minister of India's Andhra Pradesh lost power in May this year, it threw out of kilter a joint project between Singapore and Andhra Pradesh to develop the state's new capital called Amaravati.
With the new government disparaging the project, Singapore companies involved in it are evaluating the impact of its decision on the investment opportunity, said Minister-in-charge of trade relations S. Iswaran in Parliament on Tuesday (Sept 3).
He assured the House no state funds had been used for the project."
https://www.straitstimes.com/politics/pa...%20project.
"SINGAPORE - When the Chief Minister of India's Andhra Pradesh lost power in May this year, it threw out of kilter a joint project between Singapore and Andhra Pradesh to develop the state's new capital called Amaravati.
With the new government disparaging the project, Singapore companies involved in it are evaluating the impact of its decision on the investment opportunity, said Minister-in-charge of trade relations S. Iswaran in Parliament on Tuesday (Sept 3).
He assured the House no state funds had been used for the project."
https://www.straitstimes.com/politics/pa...%20project.