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AP News: Job opportunities for 20 lakh people.. 6 new policies ahead of AP Cabinet?

The new policies of the state government will be discussed in the cabinet meeting. The cabinet on Wednesday will discuss the state's new industrial policy.

Job opportunities for 20 lakh people

AP News: Job opportunities for 20 lakh people.. 6 new policies ahead of AP Cabinet?
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15 Oct 2024 8:06 PM IST

Amaravati: The new policies of the state government will be discussed in the cabinet meeting. The cabinet on Wednesday will discuss the state's new industrial policy. A new industrial policy has been formulated to boost the industrial sector in the state.

A plan has been made to provide job opportunities to 20 lakh people in the next 5 years. A new policy has been formulated to attract investments in various sectors. Officials have prepared new policies in all 10 departments. With the Chief Minister's series of reviews, the exercise on new policies in many departments came to an end. New policies have been designed to implement the speed of doing business policy. The government has formulated policies with the main objective of job first.

New policies have been formulated with input from industry groups and best practices in neighboring states. Around 6 new government policies are likely to come before the cabinet meeting on Wednesday. Industrial development, electronics, clean energy, MSME, food processing, private industrial parks and other policies are being worked out by the cabinet. Proposals have been made to give additional industrial incentives to those who have invested earlier. In the industrial policy, it has been mentioned that an additional 10 percent incentive should be given to the companies that create more jobs. In the country, there is no other place in the country where industrial incentives have been given through escrow account. The state government is bringing the MSME policy with the concept of one family, one entrepreneur. A clean energy policy has been designed to be the leader in the power sector in the country.

Andhra Pradesh News Amaravati 
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