New Industrial Policy in two days: KTR
Hyderabad, Nov 25 (INN): Panchayat Raj Minister K Tarakarama Rao on Tuesday informed the Telangana Legislative Assembly that the State Government would announce its new Industrial Policy in the next two days.
Replying to a question raised by TRS MLA Dasyam Vinay Bhaskar and others during Question Hour, KTR reiterated that the industrial policy would be the best in the country. He said that the government was contemplating to introduce Right to Single Window Clearance to ensure that all applications for setting up industries are cleared within 12-15 days.
He also announced that the government would set up Hyderabad-Warangal and Hyderabad-Mahabubnagar industrial corridors. Textile Parks will be set up in Warangal and Sircilla.
He said that the government would introduce State Level Credit Guarantee Scheme and another programme would be started to enable locals to do business based on the natural resources available in their districts.
The minister said that power would be supplied as per the availability. The SC/ST entrepreneurs would be encouraged for establishing industries. He said steps would also be taken to revive the sick industries.
In his supplementary question, Vinay Bhaskar expressed regret over the closure of some historic industries Azam Jahi Mills which provided nearly 20,000 jobs. He requested the government to impart skills training to uneducated youth. He also wanted at least 14 hour power supply to industries.
Congress MLA Dr J Geetha Reddy objected to the minister's contention that previous Congress Government did nothing to develop industries. She said that the present government may aspire to do better than its predecessor, but it was wrong to say that Congress Government did nothing during its regime. She urged the minister to withdraw his remarks.
YSRCP MLA T Venkateshwarlu, G Balaraju and other MLAs also spoke.
News Posted: 25 November, 2014
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