Interference in sand policy won’t be tolerated: AP CM Chandrababu Naidu | The Hans India

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Interference in sand policy won’t be tolerated: AP CM Chandrababu Naidu | The Hans India

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday announced six “game changer” policies in various sectors, including industries, MSMEs and food processing with an objective to create 20 lakh jobs in the state and said his government was looking at attracting Rs 30 lakh crore investment in the next five years.

He further said the Gross Value Addition (GVA) from the manufacturing sector which is pegged at Rs 3.4 lakh crore in 2024, would be taken to Rs 7.3 lakh crore by 2029, creating five lakh new jobs.

Explaining the key initiatives in the policies, Naidu said the state is hoping to realise Rs 5 lakh crore out of the targeted Rs 30 lakh crore investment.

He also said the exports from the state would be doubled to USD 40 billion from the existing USD 20 billion in 2024.

The chief minister announced the six policies as AP Industrial Development Policy 4.0, AP MSME & Entrepreneurship Development Policy 4.0, AP Food Processing Policy 4.0, AP Electronics Policy 4.0, AP Industrial Park Policy 4.0 and AP Integrated Clean Energy Policy 4.0.

“At a time we brought six policies. We exercised a lot on these six policies (and) we said only one thing in the polls (that creating) 20 lakh jobs is the goal of this government and we will work (towards it)… These six policies will be a game changer,” said Naidu, addressing a press conference at the Secretariat, following a Cabinet meeting.

Elaborating further, the CM said the USPs of the policies include a competitive incentive structure, encouraging home-grown global brands, product perfection, promoting decarbonisation of industries at a large scale and moving towards “speed of doing business”, among others.

“In the past (between 2014 and 2019) we had emerged as number one under ease of doing business (category) for four years. Now I am coining ‘speed of doing business’. We will work out how fast we can do it. Will eliminate multiple (windows) to set up a single desk on how to clear (proposals) as soon as possible under a single window,” he said.

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The Hans India
An English Daily published across Andhra Pradesh, New Delhi and Telangana, . The newspaper was launched in 2011 and publishes editions from Hyderabad, Visakhapatnam, Amaravati, Rajahmundry, Khammam, Kurnool, Nizamabad, Tirupati, Warangal ans in New Delhi simultaneously.
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