A.P. will have new industrial policy soon: J.S.V. Prasad
The Andhra Pradesh Government’s new industrial policy, considered industry-friendly, will be announced very soon. Deloitte which has been appointed as the consultant to design the policy has submitted its draft report and the Government is contemplating to enact legislation on the revised Single Window system in the next session of the Legislature, said Industries department principal secretary J.S.V. Prasad.
He was addressing an interactive session that the Confederation of Indian Industry (CII) organized here on Thursday to mark the launch of Make in India nationwide campaign by Prime Minister Narendra Modi.
He said the Government had initiated reforms aimed at exempting Green category industries from obtaining approvals of the Pollution Control Board, giving special incentives to industries which set up their units with investments exceeding Rs 1,000 crore, establishment of a Skill Development Corporation and Skill Development Council for identifying the thrust areas where enhancement of skills is required and easing labour laws in manufacturing sector.
While promising an environment conducive for industrialisation in the coming years in spite of the teething problems that the State had to encounter post-bifurcation, Mr. Prasad said a positive momentum was generated by the Make in India campaign and that the Chief Minister N. Chandrababu Naidu too has given a new direction to the industrial policy framework prioritising the core manufacturing sector and infrastructure which go together.
Among the major proposals were establishment of a cement manufacturing unit by the Aditya Birla Group, a bullet train linking Visakhapatnam, Tirupati, Chennai and Bangalore on which Chinese investors expressed keenness and food processing units in all the districts. Besides, the government initiated steps for setting up a Maritime Board for development of seaports.
CII A.P Chairman Suresh Chitturi and Vice-Chairman Ramachandra Galla were among those who participated in the deliberations.
No comments:
Post a Comment