Following the Cabinet meeting, Union minister Ashwini Vaishnav announced the approval of 12 new project proposals as part of the National Industrial Corridor Development Programme (NICDP), with an estimated investment of 28,602 crores. This strategic move is poised to revolutionize the industrial landscape of the country by establishing a strong network of industrial hubs and cities that will significantly enhance economic growth and global competitiveness.

These projects, spread across 10 states and strategically positioned along six major corridors, signify a substantial advancement in India’s efforts to bolster its manufacturing capabilities and foster economic growth. The industrial areas are planned to be situated in various regions including Khurpia in Uttrakhand, Rajpura Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in Uttar Pradesh, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in Andhra Pradesh, and Jodhpur-Pali in Rajasthan.

The government’s strategy emphasizes the development of advanced infrastructure to facilitate sustainable and efficient industrial operations. Vaishnaw highlighted that these NICDP projects are anticipated to generate significant employment prospects, with approximately 1 million direct jobs and up to 3 million indirect jobs anticipated to be created through the planned industrialization efforts.

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From the outset, the Chief Minister emphasized the need for decisions and activities that distinguish this administration from its predecessor. All departments were tasked with setting specific targets and working tirelessly to achieve them. As the deadline of September 22nd draws near, the government is intensifying its efforts to fulfill its promises to the people.

One of the key focuses of the government has been on rectifying the mistakes of the past administration. Initiatives such as cracking down on illegal activities like ganja and drugs, boosting the agriculture sector, and developing capital projects like Amaravati and Visakha have been at the forefront of the agenda.

Recent reviews by CM Chandrababu have highlighted the progress made by various departments towards meeting the 100-day goals. The government has also engaged in collaborations with experts from IITs to ensure the successful implementation of key projects.

In addition to these efforts, the government has been actively involved in grassroots initiatives, completing Gram Sabhas in thousands of Panchayats and advancing the establishment of corporations to drive economic growth.

As the government enters the final stretch of its 100-day plan, it is evident that significant strides have been made, but challenges remain. The commitment to transparency, efficiency, and responsiveness to the needs of the people will be crucial in maintaining the trust placed in this coalition government.

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During a meeting with the industries department, Naidu assessed past investment agreements spanning a decade and instructed officials to create five new policies aimed at attracting fresh investments.

Naidu highlighted that his prior administration had secured investment commitments totaling 16 lakh crore. He expressed concerns that businesses had withdrawn from agreements due to what he perceived as unfavorable policies enacted by the YSRC government.

In efforts to rebuild trust with industrialists, Naidu tasked officials with outlining plans for establishing four new industrial clusters and emphasized the need to draw electronics, pharmaceutical, food processing, and hardware companies to these zones.

Additionally, Naidu scrutinized the progress of key industrial projects, including the bulk drug park in Nakkapalli and the NTPC Green Hydrogen Hub. He urged a reduction in land prices within the Mallavalli Industrial Area to stimulate investment.

Noting a shortfall in the establishment of industrial parks between 2019 and 2024 compared to the previous years, Naidu directed officials to re-engage with companies that had retracted agreements due to the YSRC government’s policies.

Furthermore, in a unique gesture, Oligalu, a local festive delicacy, is being prepared by around 300 households in Gundumala gram panchayat to honor Chief Minister Nara Chandrababu Naidu during his visit for social welfare activities and community interactions. The day has been dubbed Chandranna Panduga, with residents enthusiastically preparing Oligalu since the previous night in anticipation of the special occasion.

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In his address, Modi criticized the UPA regime, underscoring that his administration had tripled India’s budget over the span of a decade, increasing it from 16 lakh crore in 2014 to 48 lakh crore in 2024. He emphasized India’s unique position amidst global uncertainties, citing the country’s impressive growth rate and low inflation levels. Despite facing economic challenges in the last decade, India has maintained a 16% share in global growth.

“The combination of high growth and low inflation sets India apart on the world stage, making our fiscal policies a beacon for others to follow,” stated the Prime Minister.

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