2050 Mega Master Policy will Transform TS, Says CM Revanth Reddy

HYDERABAD: Chief Minister A. Revanth Reddy on Saturday said his government would soon unveil a ‘mega master policy’ to achieve industrial growth across the state by 2050, and that the government would strive to reach the highest level of industrial growth hereon.

Speaking after a meeting with representatives of the Confederation of Indian Industry (CII) and Bulk Drug Manufacturers Association (BDMA) at the Secretariat, the Chief Minister promised a “new friendly policy” to invite investments in Telangana.

Reddy said there was no place for misconceptions or apprehensions with regard to industrial development, and that “every rupee” invested by industrials would be safeguarded and its value enhanced. He said that the new policy would dispel the misapprehension that the Congress focused only on the welfare of rural people and the development of villages.

Saying that industrial development must not be confined to the city alone, he said all regions of the state should grow like Hyderabad. He said the government’s key objective was to expand industrial development to rural Telangana, for speedy development, on a par with cities and towns.

Reddy said that under the 2050 master policy, the state would be divided into three clusters: An urban cluster to be developed within the Outer Ring Road (ORR) limits, a semi-urban cluster between the ORR and Regional Ring Road (RRR) and a rural cluster in areas immediately after the RRR.

The Chief Minister said that the government had a clear vision for the promotion of the pharma industry, with Pharma Villages to be developed, instead of Pharma Cities, envisioned by the previous regime. 

There are 14 radial roads on ORR, which have connectivity to 12 national highways. Pharma Villages of around 1,000 to 3,000 acres will be developed close to these radial roads and highways. The government will prepare plans to develop these industries with the required infrastructure and amenities like schools, and hospitals in a pollution-free environment.

Reddy said that food processing, sports, automobile and organic clusters, along with IT, pharma and health industries, will be established in Zaheerabad. He said Hyderabad had enormous potential for manufacturing defence equipment and specialised navy sector equipment, on which investors should focus. He said that a new solar power policy would also be introduced to incentivise investors to opt for renewable energy. 

The Chief Minister said that elections, politics and development were separate issues and that they should be dealt with separately, with his government’s main goal being “transparent development with a vision”. 

He appealed to those responsible for spreading misconceptions that the Congress did not support industries to stop doing so, promising to be available round-the-clock to hold meetings with entrepreneurs and investors to make “productive decisions”. He appealed to investors not to come to a conclusion or take a decision in haste without a discussion with the government.

Estimating the number of unemployed in the state at 35 lakh, Reddy said the government did not consider them a burden, but considered them good human resources for upscaling industrial development.

 “Skill universities will be established to impart skills to the youth. They will help the educated unemployed youth to undergo skill development training and get jobs anywhere in the competitive world,” he said.

Chief Secretary A. Santhi Kumari, CMO secretary V. Seshadri, IT and Industries secretary Jayesh Ranjan, CM special secretary Ajith Reddy and CII representative C. Shekhar Reddy were among those who took part in the meeting.