Talks with China to continue on standoff despite little change on ground: EAM
External Affairs Minister S. Jaishankar has said the Indian economy is poised to grow by about 11% despite the COVID-19 crisis.
“It is not only the pent-up demand that is set to rebound but there is also the prospect of new growth in the post-COVID era as per the Reserve Bank of India’s monetary policy for FY 2021-22,” Mr. Jaishankar told the media at the BJP State office here on Saturday.
On the standoff on the LAC in eastern Ladakh, Mr Jaishankar said military commanders of India and China had held nine rounds of negotiations after the skirmish in Galwan Valley to ease the tensions following an agreement on the disengagement of troops.
Dec 31, 2020, 12:17 IST
NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved three proposals from the Department of Promotion of Industry & Internal Trade (DPIIT), which includes two Industrial Corridor nodes in Krishnapatnam and Tumakuru at estimated cost of ₹7,725 cr.
The Krishnapatnam Industrial Area in Andhra Pradesh will be developed at an estimated cost of Rs. 2,139.44 crore and around 98,000 persons are estimated to be employed in the first phase.
The objective of Industrial Corridor Programme is the creation of greenfield industrial cities with sustainable, ‘plug n play’, ICT enabled utilities to facilitate the manufacturing investments into the country by providing quality, reliable, sustainable and resilient infrastructure to industries, the CCEA said in a press release.
Second Japan industrial township in Andhra Pradesh
Industries Minister Mekapati Goutam Reddy rolled out a red carpet for Japanese firms to invest in the State.
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VIJAYAWADA: Industries Minister Mekapati Goutam Reddy rolled out a red carpet for Japanese firms to invest in the State.The State will offer special fiscal incentive packages to Japanese companies setting up manufacturing facilities in Japan Industrial Township, especially for companies shifting bases from China along with their suppliers, he said.
“We have set up a dedicated Japan Desk to handhold and facilitate Japanese businesses into AP,” he said, revealing that another Japan Industrial Township will be established in the State. Similarly, a Japanese Enclave will be constructed in 10 lakh square feet in Visakhapatnam.
TDP questions motive behind Andhra CM s frequent Delhi visits
By IANS |
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Wed, Dec 16 2020 23:27 IST |
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Eluru mystery illness: Uncertainties must end, says Chandrababu Naidu. Image Source: IANS News
Amaravati, Dec 16 : Telugu Desam Party (TDP) national president and Andhra Pradesh s principal opposition leader, N. Chandrababu Naidu, on Wednesday demanded an explanation from Chief Minister Y.S. Jagan Mohan Reddy over his frequent visits to Delhi, asking if the CM was visiting the national capital to protect himself from the cases he has been entangled in or for protecting the interests of the state. What the Chief Minister has achieved for Andhra Pradesh out of his visits to the national capital for over 10 times? The CM had spoken loudly of bending the necks of the Centre, but now he is prostrating in Delhi for his own selfish interests, alleged Naidu.
Dec 14, 2020, 12:10 IST
AMARAVATI: Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is in the process of setting up five large multi-product industrial parks in the State. These parks will be set up in three industrial corridors spread 42,313 acres of the State with funding from the National Industrial Corridor Development and Implementation Trust (NICDIT) a Central Government aided organisation. In the first phase, NICDIT agreed in principle to fund the development of the multi-product industrial parks on 13,292 acres.
Apart from the Visakhapatnam-Chennai Industrial Corridor (VCIC) funded by the ADB, three additional parks are being developed in the Chennai-Bangalore Corridor and Hyderabad-Bangalore Corridor.
APIIC plans to develop Nakkapalli, Srikalahasti, Kopparthi, in the VCIC, Krishnapatnam on the Chennai-Bangalore corridor and Orvakallu industrial park on the Hyderabad-Bangalore corridor within these 42,313 acres.