HYDERABAD: Refuting allegations that several industries like Nizam Sugar Factory, DBR and Sirpur Mills were closed due to the indifferent attitude of the State government, Industries minister Jupally Krishna Rao told Assembly on Sunday that the government is putting efforts to reopen the closed industries. He was answering a question raised by A Revanth Reddy and others demanding to clarify whether the government was trying to reopen the closed industries in newly formed Telangana state.
Answering a question raised by G Kamalakar and others during the Question Hour on Sunday, Krishna Rao said as many as 396 units were sanctioned under TS-iPASS, the new industrial policy, since January 1 2015 to March 15 2016. The total investment was `31,631 crore and it would generate 98,364 jobs for the youth.
At district level, 1,623 units were sanctioned with a total investment of `3,283 crore. These new industries will bring 33,225 employment opportunities for the youth. As many as 100 proposals were approved in six rounds at the government level, under special package for SC and ST entrepreneurs. Around 258 units were sanctioned and 269 acres land was allotted to them, he added.
Proposals to start industrial units with investments valued more than `5 crore in plant and machinery will be processed at the state level, the minister told Assembly. Under the new industrial policy TS-iPASS, applications pertaining to industries with investment less than `5 crore will be processed at the district level, he added.
Jupally said that government has directed the entrepreneurs to provide 80 percent of jobs to local youth. Krishna Rao said that from April 1, a mobile application for online service will be launched for providing incentives and other benefits. The government has also initiated action to take over lands which were allotted in the name of SEZs to various companies.