AP govt okays Rs 85,000 crore investments, boosts job creation
1 month, 2 weeks ago

AP govt okays Rs 85,000 crore investments, boosts job creation

Deccan Chronicle  

Vijayawada: The State Investment Promotion Board chaired by Chief Minister N Chandrababu Naidu has approved such proposals for Rs 85,000 crore, with a job potential for 33,966 persons, here on Tuesday. The CM was informed by officials that the previous government did not offer any incentives to the industries though the first TD government in the state gave incentives worth Rs 3,883 crore. Encouragement of investments -Chief Minister N. Chandrababu Naidu urged officials to attract investments by providing a supportive environment and showing respect to investors. -Officials noted the TD government offered higher industrial incentives of ₹3,883 crore compared to the YSRC’s ₹1,961 crore.

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