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CRDA clears 1,052 cr plan for Amaravati govt infra
CRDA clears 1,052 cr plan for Amaravati govt infra

Time of India

time13-06-2025

  • Business
  • Time of India

CRDA clears 1,052 cr plan for Amaravati govt infra

1 2 3 Vijayawada: The 49th meeting of the Capital Region Development Authority (CRDA) approved the proposal to call tenders for essential infrastructure in the Amaravati govt complex. The CRDA authority meeting, chaired by chief minister Chandrababu Naidu, also approved the proposal to connect the seed access road to National Highway 16. The govt complex infrastructure works will be undertaken with Rs 1,052 crore. The infrastructure works include the development of roads, drains, water supply, power, and ICT cables. Naidu suggested connecting the E-5 road directly to the national highway instead of the earlier design. The cost of these works is estimated to be about Rs 682 crore, and tenders will be called soon, said the minister for municipal administration and urban development. The green and blue concept was also discussed in the CRDA meeting. As 30% of the total area of Amaravati is allocated for green and blue, as against 10% in Indian standards, the chief minister is very particular on the subject, said Narayana. He said that the chief minister discussed various aspects of the green and blue concept with the experts and gave a mandate to ensure Amaravati will be one of the top cities in the world with the highest green and blue cover. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Het meest ontspannende boerderijspel van 2025. Geen installatie Taonga: la fattoria sull'isola Play Now Undo Narayana further said that sanitation, solid waste systems, parks maintenance, and riverfront greenery in Lucknow city were studied by a group of officials. He said that the best practices in various cities are being adopted and implemented in Amaravati. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .

Donald Trump says China's Xi Jinping agreed to let rare earth minerals flow to US
Donald Trump says China's Xi Jinping agreed to let rare earth minerals flow to US

Time of India

time07-06-2025

  • Business
  • Time of India

Donald Trump says China's Xi Jinping agreed to let rare earth minerals flow to US

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world's biggest economies. Asked by a reporter aboard Air Force One whether Xi had agreed to do so, Trump replied: "Yes, he did." The Chinese embassy in Washington did not immediately respond to a request for comment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Trump's comment came one day after a rare call with Xi aimed at resolving trade tensions that have been brewing over the topic for weeks. At that time, Trump said there had been "a very positive conclusion" to the talks, adding that "there should no longer be any questions respecting the complexity of Rare Earth products." Live Events In another sign of easing tensions over the issue, China has granted temporary export licenses to rare-earth suppliers of the top three U.S. automakers, two sources familiar with the matter said. The U.S. president's top aides are set to meet their Chinese counterparts in London on Monday for further talks. "We're very far advanced on the China deal," Trump told reporters on Friday. The countries struck an agreement on May 12 in Geneva, Switzerland, to roll back for 90 days most of the triple-digit, tit-for-tat tariffs they had placed on each other since Trump's January inauguration. Financial markets that had worried about trade disruptions rallied on the news. But China's decision in April to suspend exports of a wide range of critical minerals and magnets has continued to disrupt supplies needed by automakers, computer chip manufacturers and military contractors around the world. Trump had accused China of violating the Geneva agreement and ordered curbs on chip-design software and other shipments to China. Beijing rejected the claim and threatened counter measures. Rare earths and other critical minerals are a source of leverage for China as Trump could come under domestic political pressure if economic growth sags because companies cannot make mineral-powered products. Since returning to the White House in January, Trump has repeatedly threatened an array of punitive measures on trading partners, only to revoke some of them at the last minute. The on-again, off-again approach has baffled world leaders and spooked business executives.

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