Major thrust will be on irrigation, agriculture, education and health sector
Government to continue with higher public investments
HYDERABAD: Continuing with its trademark governance of giving a thrust to developmental and welfare programmes, the new Congress government plans to give top priority to sustaining 10 per cent growth rate it had achieved in its five-year rule.
“If the ongoing welfare programmes are to continue, the Congress government has to ensure that the annual growth rate of economy in Andhra Pradesh stays put at 10 per cent,” said Economic Advisor to the government D. A. Somayajulu.
The new government is unlikely to announce any new programmes but intends to improve the delivery mechanism. In an interview to The Hindu on Sunday, Dr. Somayajulu said that the new government under the Chief Minister Y.S. Rajasekhara Reddy would continue from where it had left.
He said the government would continue with higher public investments so that the private investments also come to the State. “With this, the growth rate will automatically go up and ensure the programmes are not affected,” he noted.
The Economic Advisor said that economy was robust as the revenues leapt from Rs. 25,000 crore three years ago to Rs. 70,000 crore. “We have surpassed States like Maharashtra and Gujarat,” he said and pointed out that the A+ rating given by agencies like Crisil, Fitch, Care and ICRA showed that Andhra Pradesh was the State to watch out.
Dr. Somayajulu said the thrust areas of the Congress government would be irrigation, agriculture, education and health sector. “The Jalayaganam scheme will continue and we are hopeful that all the projects taken up at a cost of Rs. 1.50 lakh crores would be completed in fixed time frame,” he said.
He said the government was also planning to make use of the broadband services in a big way. The government has already secured clearance to provide broadband connectivity to all the engineering colleges in the State.