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Special status will put AP on fast track: Naidu
Chandrababu Naidu: Special Status will Put AP on Fast Track, The Andhra Pradesh Chief Minister N Chandrababu Naidu seems to have adopted a two-pronged strategy to put the State on fast forward mode as far as attracting investments to the state is concerned.
- Holds meeting with Confederation of Indian
- Industry members Special status to AP enables huge tax incentives
- Govt to remain industry friendly
Hyderabad: The Andhra Pradesh Chief Minister N Chandrababu Naidu seems to have adopted a two-pronged strategy to put the State on fast forward mode as far as attracting investments to the state is concerned.
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While putting pressure on the Centre to take speedy decisions in regard to accord special category status to the truncated Andhra Pradesh, Naidu has intensified his efforts to lure investors to Seemandhra by telling them that special status to AP is in the offing and that they would get huge tax incentives. As part of this exercise, Naidu on Friday held a meeting with some of the members of the Confederation of Indian Industry (CII) at his camp office. Apart from bigwigs of the industry and AP Finance Minister Yanamala Ramakrishnudu, State representative in Delhi Kambhampati Ramamohana Rao, Guntur MP Galla Jayadev and officials concerned took part in the meeting, during which the Chief Minister unveiled his vision of developing each district in Seemandhra into different hubs of industrial activity. According to sources, during the meeting, the CII representatives wanted to know from Naidu how his government would overcome major challenges like mobilising financial resources and meeting the revenue deficit in the cash-strapped State.
Naidu is said to have told the CII members that the government had already worked out the proposals to bridge the revenue deficit and overcome the problem and promised them that his government would be an industry friendly government. He is also said to have told them that the AP government would be liberal in allotting land and providing other facilities like water and power in all the 13 districts of the state. Finance Minister Yanamala Ramakrishnudu told reporters that Naidu would once again plead with the Prime Minister Narendra Modi to accord special category status to AP as promised by the UPA government, during his next visit to Delhi, scheduled to take place on June 25.
