Govt blames predecessor on industrial policy

The new Andhra Pradesh government had come out with a White Paper on the industrial situation in the State, with focus on 2014 to 2019 and had promised a different approach to promote industries and investment in the State. Minister for Industries Mekapati Gowtham Reddy had released the white paper, where most of it contained how the previous Telugu Desam Party government failed as it claimed. The government said that the TDP government was more interested in promoting its efforts on industries and investments rather than seeing it as a reality.

The white paper narrated how the TDP government went for the investment summits and signed MoUs beating the drums of tall claims on investment flow, but finally where it had left. The government also nailed its predecessor for making unrealistic promises and claims and finally proving all of them a dam squib. The government blamed the TDP for giving up the industrial incentives promised to the State through the Special Category Status and the financial support promised to the seven backward districts. The frequent change of stand over these two issues, particularly the special category status, had proved fatal to the state, the white paper said.

The government also blamed the TDP regime for leaving close to Rs 3,000 crore unpaid incentives to the Micro, Small and Medium Enterprises (MSMEs) in the State, which the present government has to make. The Minister had said that this government would clear the incentives promised to the MSME sector by the previous government and would promote industrialisation in the State, in the larger interests of the people.

The government also promised to bring in more transparent and corruption-free process for all permissions and payments made to the State by the industries and investors. A single window of Industrial Infrastructure Investment Committee (IIIC) would be formed and integrated to handle the investments and that would make things easy and simple for the investors to come to the State. It is to be seen how the new government would bring in investment and industries to the State and make it a happening one.

Ravi Batchali
About Ravi Batchali 1275 Articles
With twenty five years of  experience in Print / Electronic & Social Media, had an illustrious career in leading daily news papers. Very creative and a tenacious reporter of the news with a reputation for impeccable ethics. His passion for Community Journalism and his work as a staff reporter was widely acclaimed. An excellent storyteller who treats news, features and other events with equal priority.

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