A Vision for an IT Capital

Minister Lokesh emphasized the government’s commitment to transforming Visakhapatnam into the IT capital of Andhra Pradesh. He stated that more lands would be allocated for TCS and other IT giants, with discussions set to continue at the upcoming Davos summit. “Our government has introduced one of the best IT policies to attract large-scale investments and create job opportunities,” Lokesh said.

Criticism of the Previous Government

The Minister criticized the previous YSRCP government for neglecting North Andhra. “In five years, they failed to allocate land for the railway zone or focus on the IT sector. Their inaction caused significant setbacks,” he alleged.

He also dismissed YSRCP’s allegations about the Visakhapatnam Steel Plant (VSP), reiterating that there was no intention to privatize the facility. “Although VSP faces financial difficulties, both the Centre and the State Government are supporting it,” Lokesh assured.

Progress Under the NDA Government

Highlighting the achievements of the NDA government, Lokesh said, “In just six months, we have reopened Anna Canteens, increased pensions, and relaunched the Deepam scheme. We are clearing the debts racked up by YSRCP with the Centre’s support.”

Future Plans

Lokesh reaffirmed the government’s dedication to providing a robust infrastructure for IT companies, ensuring that Visakhapatnam remains a preferred destination for investments. The Millennium Towers at Rushikonda is just the beginning of this vision.

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The journey of this accomplishment began on April 17, 1970, with the announcement by then Prime Minister Indira Gandhi for the establishment of a steel plant in Visakhapatnam. With assistance from the former USSR, a detailed project report for a 3.4 million ton per annum plant was finalized in November 1980. Subsequently, a contract was signed with the USSR in February 1981 for the creation of working drawings for essential components like the coke oven, blast furnace, and sinter plant. The foundation for the blast furnace was laid, marking the beginning of construction, with the first mass concreting taking place in January 1982. Concurrently, the development of the local township also commenced. On February 18, 1982, Rashtriya Ispat Nigam Limited was officially established, leading to the separation of VSP from SAIL, with RINL assuming the role of the corporate entity for the plant in April 1982. The production of saleable steel began in November 1990, marking a significant milestone in the plant’s history.

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