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‘Andhra’s rapid industrialization only with special category status’

Amaravati: Andhra’s Chief Minister Y.S. Jagan Mohan Reddy on Saturday appealed to Prime Minister Narendra Modi to accord special category status (SCS) for rapid industrialization in the state.

“Rapid industrialization of my state is possible if only the special status is accorded. This was a commitment made on the floor of the Parliament and was a pre-condition to the bifurcation,” said Reddy.

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The Andhra’s Chief Minister interacted with Modi during the Niti Aayog’s Governing Council meeting virtually on Saturday. Reddy said the southern state is yet to gain the growth momentum in industrialization despite a commitment to provide a business-friendly environment.

“This is due to the several constraints, resulting in the unjust and inequitable bifurcation of the erstwhile state of AP. The bifurcation resulted in my state being deprived of a tier I city, infrastructure, employment opportunities, and financial resources,” the Chief Minister added.

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Referring to the agricultural sector that employs 62 percent of Andhra’s population, Reddy said that five key policy interventions will give a boost to the sector.

He also added that a market stabilization fund should be established at the disposal of the state governments’ to help the farmers.

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SOURCE-IANS