Rs 5,000 crore earmarked for schemes for EBCs in Andhra Pradesh: Finance Minister

Special economic package would be provided to the poor among the upper castes

Update: 2014-11-06 19:25 GMT
The minister informed that subsidised supply of clothes to the poor would be resumed, which would also help the weavers. (Photo: Files/DC)

Rajahmundry (AP): Andhra Pradesh finance minister Yanamala Ramakrishnudu on  said the government was planning to spend Rs 5,000 crore in the next five years for the welfare of the Economically Backward Classes.

He was speaking at the Tatiparthi Janmabhoomi Mavuru programme in Pithapuram mandal of East Godavari district.

Special economic package would be provided to the poor among the upper castes, he added.

The minister informed that subsidised supply of clothes to the poor would be resumed, which would also help the weavers.

Andhra Pradesh government is mulling over to constitute a "land bank" of two lakh acres to promote industries, state Finance Minister Yanamala Ramakrishnudu said here on Thursday.

"Many?countries are?interested in establishing industries in our state and we need to show them that land is available in our state," the minister told a press conference at Pithapuram in East Godavari district.

He said the state government was making sincere efforts for promotion of industries and state Chief Minister N Chandrababu Naidu is visiting Singapore for this purpose.

"The decision of Central government to declare special status for AP would be of help as more industries will come here to set up their shops. A special package has also been proposed for seven coastal districts under the Andhra Pradesh Reorganisation Bill," Ramakrishnudu said.

Observing that Andhra Pradesh has 49 SEZs, he said the state possesses valuable mineral resources as well as 14 ports in coastal districts which would help in development of the state.

Responding to a query on global players evincing interest in setting up units in AP, Ramakrishnudu said an Australian firm has come forward to establish a ship building unit at Kakinada.

"The state is in favour of ship building units, but not for ship-breaking units as they cause pollution," he added.

On an industrial corridor announced by Centre, the minister said industries without pollution are essential and Centre has already proposed to establish hardware industry in the district.

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