Finance Minister Yanamala Ramakrishnudu on Monday announced that national and multinational firms were coming to Andhra Pradesh with an investment of Rs.5,000 crore. This would help accelerate economic growth on the industrial front besides generating thousands of new jobs.
Inaugurating the Janmabhoomi-Maa Ooru programme along with Home Minister N. Chinarajappa at Ramanaiahpeta here, he said that as a result of the constant initiatives taken up by the government, the State stood top in regard to ease of doing business in the country, attracting more investors.
“Along with continuing the existing welfare programmes, the government is chalking out a new policy for the youth and the sportsmen. There is no compromise on achieving development and no looking back on our commitment towards the welfare of the public,” he said, adding that finances were not the lone solution to all the problems.
Stating that the Telugu Desam government was fulfilling all its promises, Mr. Ramakrishnudu said that projects like Pattiseema and Purushottamapatnam lift irrigation schemes were undertaken by the government, though they were not mentioned in the party’s manifesto.
The Minister highlighted the need for eliminating rural poverty by making agriculture profitable and underscored the need for optimum utilisation of land and water to improve the living conditions of farmers. “On an average, our farmers cultivated 5,465 kg rice per hectare during the kharif season in Andhra Pradesh, whereas the farmers from East Godavari district set a record by achieving record crop of 7,000 kg per hectare,” he said, expressing satisfaction over the successful implementation of the loan waiver scheme for farmers.
Conference hall opened
Later, both the Ministers inaugurated the renovated Nandamuri Taraka Rama Rao Conference Hall at the Kakinada Ruarl mandal parishad office and unveiled the statues of Mahatma Gandhi, B.R. Ambedkar, Jyotirao Phule and A.P.J. Abdul Kalam installed on the office premises.
District Collector H. Arun Kumar, Kakinada MP Thota Narasimham and Kakinada Rural MLA Pilli Anantalakshmi were present.
