An expansive economic slowdown seems to be in store for Andhra Pradesh. This is in part due to the sudden dip in business ever since the state government applied brakes on infrastructure activity in the upcoming capital, Amaravati.
Media reports are doing the rounds about the plight in villages inside the capital city area. They highlighted empty house properties vacated by people employed in these construction projects. Shops dealing with groceries and consumer durables went out of business in the absence of migrants who have now moved out after work stopped, according to reports.
https://www.business-standard.com/article/economy-policy/andhra-pradesh-stares-at-slowdown-after-govt-applies-brakes-on-amaravati-119091201288_1.html
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An expansive economic slowdown seems to be in store for Andhra Pradesh. This is in part due to the sudden dip in business ever since the state government applied brakes on infrastructure activity in the upcoming capital, Amaravati. Media reports are doing the rounds about the plight in villages inside the capital city area. They highlighted empty house properties vacated by people employed in these construction projects. Shops dealing with groceries and consumer durables went out of business in the absence of migrants who have now moved out after work stopped, according to reports. https://www.business-standard.com/article/economy-policy/andhra-pradesh-stares-at-slowdown-after-govt-applies-brakes-on-amaravati-119091201288_1.html
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