Naidu Launches ₹11,359-Cr Urban Projects, Pushes For ‘Weekend Economy’ Boom
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Summary
CM N. Chandrababu Naidu virtually launched ₹11,359-crore urban projects across 123 municipalities and corporations, urging officials to boost the weekend economy.
Key Facts
TypeNews
SourceDeccan Chronicle
PublishedTuesday, 22 September 2026
Affected Population~500 million urban residents, 8,000+ cities/towns
Key Numbers
PMAY-U: 1.18 crore houses sanctioned
Smart Cities Mission: 100 cities
Metro rail: 900+ km operational
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of Housing & Urban AffairsSmart Cities MissionMinistry of FinanceRBISEBI
Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 71,971 Amount accepted (in ₹ crore) 71,971 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1164
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