SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%

Canara Bank: RLLR: 8 | 7.15% - 10%

ICICI Bank: RLLR: -- | 8.5% - 9.65%

Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%

Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%

Federal Bank: RLLR: -- | 8.75% - 10%

IndusInd Bank: RLLR: -- | 7.5% - 9.75%

Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%

Yes Bank: RLLR: -- | 7.4% - 10.54%

Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Srikakulam

Srikakulam airport plans progress as officials assess alternative sites in Sompeta

13 Jan 2025

Authorities in Srikakulam district are evaluating 1,000 acres of land near Baruva railway station for a proposed airport, following farmer protests over earlier site options in Mandasa and Vajrapukotturu mandals. The project requires 1,400 acres, of which 1,100 acres would need acquisition from farmers, sparking significant local resistance. Minister for Civil Aviation Kinjarapu Rammohan Naidu reaffirmed the government's commitment to improving connectivity through new airports, including in Srikakulam. Balancing infrastructure needs with farmer concerns remains crucial, with transparency and fair compensation being key. A detailed feasibility report is being prepared to address local opposition and determine the project's viability.Read more

#Infrastructure News#Srikakulam