Policy

AP land policy will be transparent and industry-friendly, says CM

Our Bureau Hyderabad | Updated on July 28, 2011 Published on July 28, 2011

landpolicy   -  Business Line

The Andhra Pradesh Chief Minister, Mr N. Kiran Kumar Reddy, today said that the new land policy, which will compliment the State industrial policy, will be industry friendly and transparent.

Addressing representatives and members of trade at the 93rd annual presentation of excellence awards at the Federation of Andhra Pradesh Chamber of Commerce and Industries (Fapcci), the Chief Minister said that the State is also making all out efforts to ensure that the installed power generation capacity goes up making it power-surplus State.

However, he felt that some of the power projects have got bogged down due to various issues, including land allotment, agitations by farmers and in some issues mistakes by the Government in allocation of land. All this will be addressed by taking people in to confidence, he said.

There is growing competition between States. In fact it is cut throat competition to attract new industrial establishments. This is causing difficulty as States are forced to offer them incentives, which impact tax collections.

Taking on the Fapcci observation that the State should do more to ensure that there is adequate power, Mr Reddy said, “the State power position was much better than what it is Gujarat. In fact, State purchased up to 1,000 MW to ensure that industry is not affected. We also offer about 75 paise rebate per unit for industries.”

The President of Fapcci, Mr V.S.Raju, requested the Chief Minister to come out with a State power purchase policy and direct officials to create dedicated power supply lines to industrial estates.

Published on July 28, 2011
This article is closed for comments.
Please Email the Editor