Kakinada to receive Rs. 1000 crore

Kakinada January 08: Kakinada M.P Thota Narasimham said Rs. 1,000 crore will be spent in the next five years on the beautification of Kakinada city that has been selected to be developed as a 'Smart city'.

Narasimham said that annually Rs. 200 crore will be spent, received from the Central and state funds, while a total of Rs 1,000 crore will be utilized for all round development of the city in next five years.

He said the beautification works will commence shortly and after completion, the city will also get all infrastructure facilities.

Industries will be set up to generate employment, Narasimham said adding that state government was implementing several socio-welfare schemes for benefit of all.