State negates proposals of unwilling companies
Hyderabad, January 30 (INN): The State Government has decided to cancel all agreements of those industries not showing interest to set up shop in the state.
The decision was taken at a review meeting here today which was attended by chief minister N Kiran Kumar Reddy, Industries minister J Geeta Reddy and other officials.
The proposals and MoUs that came up during the Partnership Summit held last year came up for review during the meeting.
Of the 115 projects 13 companies did not adhere to the rules and, Geeta Reddy said. We have also decided to cancel the MoUs of those companies that are not showing interest, she said.
Hyderabad, January 30 (INN): The State Government has decided to cancel all agreements of those industries not showing interest to set up shop in the state.
The decision was taken at a review meeting here today which was attended by chief minister N Kiran Kumar Reddy, Industries minister J Geeta Reddy and other officials.
The proposals and MoUs that came up during the Partnership Summit held last year came up for review during the meeting.
Of the 115 projects 13 companies did not adhere to the rules and, Geeta Reddy said. We have also decided to cancel the MoUs of those companies that are not showing interest, she said.
News Posted: 30 January, 2013
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