Minister says AP displayed 1.6% growth

  • | Wednesday | 9th June, 2021

Andhra Pradesh has overcome negative growth in the time pandemic, thanks to the contributions of the chief minister.

Speaking to the media here on Tuesday, the minister said that AP is the first state to declare an oxygen policy to attract investments into the healthcare industry. He said the department is fully geared to tackle the third wave of Covid-19 and that they would shortly make the state an oxygen surplus one from an oxygen deficit one.

Industries minister Mekapati Gautham Reddy has claimed that the state has overcome the negative growth in the country thanks to the welfare initiatives of chief minister Y S Jagan Mohan Reddy. He said that AP has reported a 1.6 per cent growth rate while India reported a negative GDP.

“We are implementing a welfare and development agenda with precision and achieving results,” the minister added.

The minister said they have set a target of achieving a 10 per cent share in the export volume of the country, adding that they were expecting to complete Bhogapuram international airport by 2023 as well as three major ports and four fishing harbours over the next three years.

The minister said they were working with the 2030 agenda in mind to make AP one of the best destination to set up industries. He added that they have readied blueprint to construct three concept cities in the state to boost industrial growth.

Plans are afoot to launch the works on Kadapa steel plant, the minister said, pointing out that AP had launched one of the best industrial policies in the country and to attract investments.

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