SDCs likely to come up in all LS constituencies
The HinduMinister for Industries and Commerce and Information Technology Mekapati Goutham Reddy held parleys with a delegation of the Singapore Government- He told the visitors that the government has recently passed a legislation for providing 75% reservation for local youth in industries and proposed to set up Skill Development Centres in all Lok Sabha constituencies to equip the youth with the necessary skill sets. This was to enable the industries to find the human resources locally thereby cut their staffing costs and provide jobs to youth in the areas nearby. Mr. Goutham Reddy observed that as industries in Tamil Nadu have all the resources located in their vicinity, the government was not under the obligation to dole out huge incentives, instead it just needed to provide the basic amenities and facilitate other things that made doing business easy. The Andhra Pradesh government was trying to follow a similar model and it would be disciplined in giving incentives to the prospective investors.