State Government Announces Job Creation Targets and Economic Development Plans

State Government Announces Job Creation Targets and Economic Development Plans.webp

In Andhra Pradesh, over six lakh people have been employed in the private and public sectors over the past 21 months.

Addressing the Assembly, Chief Minister N. Chandrababu Naidu stated that 2.48 lakh people have been employed in Micro, Small, and Medium Enterprises (MSMEs), including 1.46 lakh through skill development, 95,000 in industries, and 64,000 in food processing.

He also mentioned that 30,500 people have been employed in government jobs, including through the District Selection Committee (teacher recruitment), as police constables, and in other government positions.

Naidu assured that the government aims to provide 20 lakh jobs, exceeding its current target.

He also highlighted the government's universal health policy, which guarantees free medical treatment up to Rs. 2.5 lakh, with measures being taken to minimize healthcare costs.

Naidu criticized the previous YSRCP government for not allotting land for medical colleges, and stated that the TDP-led NDA government is working to establish a 100-bed hospital in every constituency.

He emphasized that the PPP model is not privatization, and that medical colleges developed under this framework will remain government assets.

Naidu also pointed out that the previous YSRCP government harmed the education system, and that introducing English-medium instruction caused confusion.

He stated that the government will take responsibility for nurturing skilled youth and preserving the Telugu language.

Naidu noted that the state lost its brand value between 2019 and 2024, citing companies like Jockey, Amar Raja, Lulu, and Franklin Templeton, which left Andhra Pradesh and vowed not to return under YSRCP rule.

Citing an RBI report, Naidu said 913 companies exited the state during the previous YSRCP regime. He added that Andhra Pradesh, once known for "ease of doing business," has now become the hub for "speed of doing business."

Naidu mentioned that the state secured investment pledges worth over Rs 13 lakh crore during the investors' summit, and that these are expected to generate jobs for 16 lakh people.

He assured that Andhra Pradesh will become a preferred destination for investment, and that the government is focusing on overall state development and has divided the state into three economic zones: Visakhapatnam, Amaravati, and Tirupati.

Predicting that the state will grow into a USD 2.4 trillion economy by 2047, Naidu said Vizag will emerge as a hub for IT, GCCs, and data centres, while Amaravati will develop as a knowledge city and quantum computing hub.

He called Google's USD 15 billion data centre investment in Vizag the largest FDI in India, and said several other major companies, including TCS and ArcelorMittal, are planning projects in the port city.

Naidu said the foundation for the ArcelorMittal project will be laid on March 23, with the Google investment starting in April, recalling several other investments attracted by the state.

To encourage investments, the TDP supremo said the government will extend 'escrow account' facilities and other incentives.

An escrow account is a secure, neutral third-party arrangement for holding funds or assets during a transaction, ensuring they are released only when both parties fulfill the agreed-upon conditions.

Terming the alleged liquor scam under the YSRCP regime the largest in the state, Naidu said a cabinet sub-committee has been formed to investigate it. He alleged that spurious liquor brands led to the deaths of 30,000 people, among other irregularities. Speaker C Ayyannapatrudu estimated the scam at Rs 10,000 crore.

Further, Naidu said the government is promoting the 'One Family, One Entrepreneur' initiative to encourage MSMEs.

Besides skill development through the Ratan Tata Innovation Hub (RTIH), Naidu said the government is focusing on building human resources through multiple initiatives.

The CM also informed the House that the death toll in the Vetlapalem cracker unit blast has risen to 26, with six people undergoing treatment.

The powerful blast at a licensed crackers unit at Vetlapalem village of Samarlakota mandal took the lives of 20 people on the day of the blast, and three more persons succumbed while undergoing treatment.

Observing that the Surya Sri Fireworks unit had been permitted under the previous YSRCP government, Naidu said it violated rules and produced crackers beyond its capacity.

Highlighting negligence and greed as causes of the mishap, he warned that the government will act sternly against those responsible.

He said the government will auction the culprits’ assets to compensate victims and added that the local deputy collector, DSP, and other officials have been suspended over the incident.

In addition to Rs 20 lakh ex gratia for the families of the deceased, the government will bear the medical expenses of injured workers, provide housing for the homeless victims, and cover their children’s education costs.

The House observed two minutes of silence for the victims of the cracker unit blast.

Moreover, Naidu criticised the YSRCP for allegedly politicising the Tirupati laddu ghee adulteration case while "ignoring public issues."
 
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