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CM releases "India Today Business Wizards of Andhra Pradesh 2012" Coffee Table Book at Taj Krishna

CM advises Industrialists and Businessmen to take special care about Rehabilitation Package

Hyderabad|India|July'2012: The Chief Minister Sri N.Kiran Kumar Reddy advised the Industrialists, Businessmen who want to establish industries and start business should take special care of evacuees i.e., farmers, fishermen who are losing their land and livelihood. Otherwise it may lead to agitations. We should have peaceful work culture. People first and the development to follow -- this is the Government's policy, the Chief Minister added. Some share of the profit of the business should go to the people, he advised.

The Chief Minister released "India Today Business Wizards of Andhra Pradesh 2012" Coffee Table Book, here at Taj Krishna, tonight. Speaking on the occasion, the Chief Minister said that Andhra Pradesh is sound, stable, strong and resurgent. It has garnered all its energies, experiences and most significantly the maturity of its governance to resolve any kind of problem it may face.

The Chief Minister said that Andhra Pradesh has chosen for the 'Investment Driven Economies Award' in the India's Most Competitive State Awards 2012 initiative by Harvard Business School.

The Chief Minister has also informed that we have wonderful human resources and it is our duty to show right direction to the youth who are 54%, below 25 years of age in the State. Education and Skill development should be synchronized with Industry, the Chief Minister added. The Chief Minister complimented the workers of Singareni Collieries who achieved record production last year even during highest non-working days recorded.

He stated that in business, manpower is most important and land, water, electricity fall in line and advised the industrialists to move to rural areas and agri-based industries to set up--food processing, cold storage, packaging, transportation, marketing, value addition. The Chief Minister said that every year our country is importing Rs.30,000 crore worth palmoil on one hand and the palm farmer is not getting remunerative for his produce in the state on the other hand.

That is why he requested the Planning Commission to provide Rs.10,000 crores for the development of palm cultivation in the state in a span of five years and the entire country's palmoil requirement will be produced in our state only, the Chief Minister informed.

The Chief Minister said that frequent policy change affects the industrial sector and consistency in the policy should be there for the survival of the industry and said that 8,000 MW capacity gas based power generation plants established in the state and now they are facing scarcity of gas.

Speaking on this occasion, the Housing Minister Sri Uttham Kumar Reddy said Andhra Pradesh has produced great entrepreneurs not only for India but all over the Globe. Despite some negative image propaganda by some section of people, during the recent Partnership summit, the state got proposals for 6.5 lakh crores of investments.

The Chief Minister Sri Kiran Kumar Reddy presented Awards to ten top Business Wizards of Andhra Pradesh -- Sri V.R.Rao, Agri-Gold, Sri K.V.V.Satyannarayana Raju, Chaitanya Group, Sri D.Rama Naidu, Ramanaidu Studios, Sri Vasantha Tarunkumar, Hashmitha Group, Sri T.Bhaskara Rao KIMS Hospitals Group, Sri Puvvada Ajay Kumar, Mamatha Educational Society, Sri D.R.Rao, Newland Labs, Sri P.Satyannarayana, Sri Rajamouli, Sri Venkateswara Rao of R.S.Brothers, Sri Ranbir Singh, Sethi Group and Sri Y.Kiran, Suchir India.

Sri Amarnath Menon, A.P. Editor of India Today Group welcomed. Sri R.S.Shenoy of India Today Media group proposed vote of thanks.

-July 2012

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