Andhra Pradesh chief minister Chandrababu Naidu to push start-ups

NEW DELHI: Andhra chief minister Chandrababu Naidu has decided to play angel investor to rural innovators by launching what he called ‘start-up villages and incubation centres and said the state has tied up with Google and Facebook to help entrepreneurs and farmers get better incomes through online trading.

“It doesn’t matter if we lose some money, but we have to promote start-ups as they are the future,” the CM said at a session on uniting India’s states held at the World Economic Forum’s India Economic Summit.

Andhra chief minister Naidu was the only panelist at the session, where four other chief ministers, including Vasundhara Raje and Shivraj Singh Chouhan were expected to attend.

Naidu also said there is a need to change the narrative about economic reforms so that the common man understands the benefits that will accrue to him or her.