'Develop Ports to Increase Earnings'

Published: 23rd September 2014 06:03 AM  |   Last Updated: 23rd September 2014 06:03 AM   |  A+A-

BHIMAVARAM: As Andhra Pradesh has the second largest coastline in the Country after Gujarat, the development of ports can help propel its finances and the state government can earn `40,000 crore per annum, BJP state president Kambhampati Haribabu has said.

Speaking to reporters here Monday, he said one of the reasons behind the success stories of Gujarat model is that it developed as many as 32 ports. He proposed that the state government construct ports by giving 25 per cent of land to Telangana and Chattisgarh as they do not have a coastline.

The Visakhapatnam MP said that the Centre is ready to implement the assurances given to the state government and it will extend financial assistance by March 2015 after confirming financial deficit.

Stating that the Centre will help the state government to develop on all the fronts, he informed that the Union government requires time to establish 12 central institutions, complete Indira Sagar Project (ISP) and metro rail project. Haribabu said that there is a need to establish state export development commission to get more foreign exchange.

Party leaders UVK Raju, GR Raju, DGK Raju, B Varma and others were present.

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