STOCK MARKET BSE NSE

Andhra Pradesh Industries and IT Minister urges Centre to promote waterways in state

Mekapati also called on Union Minister of State for Steel Faggan Singh Kulaste and urged him to extend incentives for Kadapa steel plant.

Published: 26th September 2019 06:01 AM  |   Last Updated: 26th September 2019 06:01 AM   |  A+A-

Andhra Pradesh Industries and IT Minister Mekapati Goutham Reddy (File Photo |EPS)

By Express News Service

VIJAYAWADA: Industries and IT Minister Mekapati Goutham Reddy has urged the Centre to promote inland waterways through Buckingham Canal and start coastal cargo by providing necessary assistance and infrastructure facilities.

As part of his visit to New Delhi on Wednesday, Mekapati called on Union Minister of State for Shipping Mansukh L Mandaviya and urged him to extend the necessary support for setting up a shipbuilding facility in State, which has 974-km-long coastline.

Mekapati also called on Union Minister of State for Steel Faggan Singh Kulaste and urged him to extend incentives for Kadapa steel plant. “We request the Centre to offer at least some incentives including full exemption of GST for the first seven years, income tax exemption for 10 years on capital goods as well as raw material imports,’’ he said.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp