FAPCCI welcomes focus on job creation, MSMEs
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Visakhapatnam: Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) president Mallikharjuna Rao Kankatala, hailed the allocations to agriculture, the finance minister’s promise to priorities to employment and skilling, social justice, manufacturing and services, urban development, energy security, infrastructure, and, research and development.
He hailed the Finance Minister’s allocation of Rs 15,000 crores to the Amaravati capital city, additional funds for completion of Polavaram Project and special financial grants for North Andhra, Prakasam District, and Rayalaseema and fund for water, power, railways and roads in Kopparthy, industrial node and developments fund for Orvakal industrial node to AP will boost the overall economy of the State and employment creation.
He praised the budget’s emphasis on infrastructure, manufacturing, and skilling as crucial areas for long-term development. The allocations will aim to establish India as a global logistics and manufacturing powerhouse.
