Naidu wants industrial incentives along with special status

Naidu's party, the TDP, quit the ruling NDA alliance last week over the SCS issue and has given notice for no-confidence motion against NDA.

BCCL

He said AP was the only state that achieved a double-digit economic growth rate of 10.5 per cent in the last three years.

AMARVATI: Andhra Pradesh Chief Minister N Chandrababu Naidu today demanded that the Centre grant industrial incentives along with special category status to the state on par with states enjoying those benefits.

Replying to a short duration discussion on industrial investments in the state assembly, Naidu asked why the BJP, which sought special category status (scs) for Andhra Pradesh for ten years, was now backtracking while all other parties were supporting the just demand.

Naidu's party, the TDP, quit the ruling NDA alliance last week over the SCS issue and has given notice for no-confidence motion against the central government.


"What am I asking? I am only asking the Centre to review the AP Reorganisation Act, 2014 and the assurances given in Rajya Sabha (by the then Prime Minister Manmohan Singh)," Naidu said.

"I will be very happy if you say we have done this and there will be no need for me to question you," he said.

He said AP was the only state that achieved a double-digit economic growth rate of 10.5 per cent in the last three years.
ADVERTISEMENT

"Had the Centre co-operated with us and fulfilled the promises made at the time of bifurcation, we would have achieved more growth," Naidu said.

"We are contributing to the nation's growth and hence the Centre should accord SCS and also extend industrial incentives to spur industrial growth in the state," he said.

The state was still lagging in per capita income by at least Rs 35,000 as compared to other southern states because of the bifurcation.

Despite all this, Naidu said, the state was consistently achieving double-digit growth.
ADVERTISEMENT

Taking part in the discussion, Industries Minister N Amarnath Reddy said 2536 memoranda of understanding were signed in the last three years to attract an investment of Rs 18.55 lakh crore and create 44.28 lakh jobs in the state.

Of this, 533 major industrial units already went into production with an investment of Rs 1.29 lakh crore and created 2.64 lakh jobs, he said.
ADVERTISEMENT

Another 26,368 micro, small and medium enterprises, with an investment of Rs 11,779 crore, also went into production, creating 3.09 lakh jobs, the minister added.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Naidu wants industrial incentives along with special status
Text Size:AAA
Success
This article has been saved

*

+