Minister for HRD and IT Nara Lokesh. File Photo | Express
Andhra Pradesh

Andhra govt secured Rs 8.7 lakh crore investments to create 5 lakh jobs

Minister Nara Lokesh directed officials to maintain the investment tracker portal efficiently, ensuring details on land allotments and approvals are updated regularly.

Express News Service

VIJAYAWADA: IT and HRD Minister Nara Lokesh reiterated the government’s commitment to creating 20 lakh jobs in Andhra Pradesh by 2029.

During the second GoM (Group of Ministers) meeting at his residence in Undavalli on Monday, Lokesh reviewed a presentation on investment commitments and employment generation through various MoUs. Officials reported that investments worth Rs 8.73 lakh crore, with the potential to generate 5.27 lakh jobs, have been secured so far.

Lokesh directed officials to maintain the investment tracker portal efficiently, ensuring details on land allotments and approvals are updated regularly. He emphasised reforming outdated policies that deter investors. Highlighting growing interest from industrialists, he instructed officials to fast-track land allotment orders, approvals, and incentives.

Emphasising the MSME sector’s potential, he asked officials to focus on its promotion to create large-scale employment. He also stressed aligning ITI and Polytechnic colleges with industry demands to ensure a skilled workforce. He further advised officials to prioritise port development and attract investments in the tourism and mining sectors.

Ministers TG Bharath, Gottipati Ravi Kumar, P Narayana, Kondapalli Srinivas, Kollu Ravindra, and senior officials were present at the meeting.

Initial US-Iran deal takes immediate effect after both sides sign, says Pakistan PM; nuclear talks to continue

Congress can win 5, BJP 2 in seven MLC seats; can JDS keep its flock united?

TVK government’s first Assembly session may see fireworks

MP HC lifts stay on arrest warrant against TMC MP Abhishek Banerjee in defamation case

Notices to 352 commercial establishments in Delhi over fire safety

SCROLL FOR NEXT