CM Jagan Reddy Says Visakhapatnam Will Be New Andhra Pradesh Capital

1. Visakhapatnam has been announced as the new capital of Andhra Pradesh.

2. It is announced by Chief Minister YS Jagan Mohan Reddy. 

3. This move comes nine years after the state of Telangana was carved out of Andhra Pradesh.

4. At a recent event in Delhi, the YSR Congress chief invited investors.

5. They are invited to the upcoming Global Summit in Visakhapatnam on March 3-4. 

6. He also spoke about shifting to Visakhapatnam in the coming months. 

7. The selection of a new capital for Andhra Pradesh has been a source of much friction since 2015.

8. When the then chief minister Chandrababu Naidu said Amaravati would be the capital. 

9. In 2020, a proposal was made for three capitals, which was later blocked by the Andhra Pradesh High Court. 

10. The Supreme Court then stayed the judgment.

11. Allowing for a new capital to be chosen.