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New Delhi: CM Y S Jagan Mohan Reddy stresses on importance of infra
Speaking at NITI Aayog Governing Council meet, he points out that abnormal share of logistics in GDP is hampering the country’s growth and limiting competitiveness of the Indian products globally
New Delhi : Chief Minister Y S Jagan Mohan Reddy stressed the need to sustain the flow of healthy investments in the infrastructure sector to ensure rapid economic progress of the nation.
Addressing the NITI Aayog Governing Council session here on Saturday, the Chief Minister said the logistics share in the country’s GDP is high at 14 per cent while the corresponding figure for the USA is low at 7.5 per cent. The abnormal share of logistics is hampering the country’s growth and curtailing the competitiveness of the Indian products globally, he said, outlining the need to sustain the healthy flow of investments in the logistics sector as we have seen in the last nine years.
The Chief Minister also submitted a note to the Governing Council explaining the steps taken to strengthen the sectors of logistics, public health, skill development and social and economic empowerment of women in the state.
The objective of ‘Vikasit Bharat’ can only be achieved by 2047 if the share of manufacturing and services sector in the country’s GDP exceeds at least 85 per cent as against the global average of 91.5 per cent, he stated, adding AP has been contributing its share towards this end.
“Laying emphasis on port-based development, we are establishing four greenfield ports and ten fishing harbours besides developing the Orvakal Airport in Kurnool and striving to develop an international airport in Visakhapatnam through PPP mode,” he told the session.
Emphasising the need to create a conducive business environment and attract more investments besides promoting new technologies to achieve higher agricultural productivity and food self-sufficiency, he pointed out that the share of investments in manufacturing and services sectors should be increased.
AP stood first in the country in Ease of Doing Business (EoDB) consecutively for the past three years, he said, stating that it has also repealed obsolete legal provisions to reduce the compliance burden. As a result, the Global Investors Summit 2023 in Visakhapatnam has received an investment commitment of Rs 13 lakh crore with an employment potential of about 6 lakh, he said.
The country needs to focus on public health, nutrition and health care management while taking steps to identify diabetes, cardiovascular diseases and non-communicable diseases (NCDs) in the earlier stages to avoid major health issues later.
“To strengthen the public health system, we have launched Family Doctor Programme and stablished 10,592 village and ward clinics with Mid-Level Health Providers, ANMs and ASHA workers manning them besides equipping them with 105 types of essential drugs and labs to conduct 14 types of diagnostics. 48,639 new doctors have been recruited to augment healthcare facility right from village clinics to teaching hospitals which are also equipped with enough number of doctors, nurses and paramedics,” he said.
Taking advantage of the country’s large proportion of working-age group unlike Germany which is facing labour problems and scarcity of skilled personnel, we should introduce new topics and dynamic subjects as school curriculum to move with the pace of changes witnessed due to Artificial Intelligence, Machine Learning and Large Language Models, he said.
Elaborating on the steps taken to empower women socially and financially, the state government has been arranging interest-free bank loans to the self-help groups of women, he said, adding that the Centre and all state governments should recognise the need to adopt a progressive approach of handholding the women.
All states should work together and stand united to achieve progress as the welfare of the country and states are interlinked, he said.