KACHARAGADLA

Amaravati : Andhra Pradesh Chief Minister N Chandrababu Naidu has been selected for another prestigious award.  The US India Business Council has selected the CM for award of ‘Transformative Chief Minister’ and Naidu would be receiving coveted award at second annual West Coast summit which to be held in California on May 8. The CM has been requested to deliver his massage on the occasion and CM’s office received the message towards award function. Several prominent personalities and industrialists would attend the meeting. However, the CM would also take part in the interactions after the award function.

The question is whether the revenue growth will sustain, and how to add the revenue capacity to the state. Following the bifurcation of Andhra Pradesh in 2014, the newly-formed state of Andhra Pradesh comprising coastal Andhra and Rayalseema regions was faced with a major challenge: Hyderabad, the major source of revenue for united AP went to Telangana, and newly-formed AP had to figure out how to generate enough revenue and survive as an independent state. And if the AP budget 2017-18 is anything to go by, CM Chandrababu Naidu and his team seem to have done a good job of improving the revenue.   Before we review the revenue performance of Andhra Pradesh from Budget FY2017–18, it is worth recollecting this statement by Yanamala Ramakrishnudu, the Finance Minister of Andhra Pradesh during the FY 2015–16 Budget Speech. “The State continues to reel under revenue deficit and this deficit continues even after the last year of the award of 14th Finance Commission. Our debt b

To realize his audacious goals, perhaps Chandrababu Naidu will need three to four terms in office to ensure Amaravati becomes his vision of ‘world-class’ city Andhra Pradesh chief minister Chandrababu Naidu has been clever with his choice of location. To minimize risk, the ‘capital region’ is strategically located between two major urban agglomerations—Vijaywada and Guntur. Photo: Reuters The development of Amaravati on a greenfield site of 217 square kilometres is by far the most audacious project undertaken by Andhra Pradesh chief minister Chandrababu Naidu. His previous goals pale in comparison to this one. City-building, as global and Indian experiences suggest, is a feat in itself. Why? Because globally, most economically vibrant cities have developed organically. Building cities inorganically entails significant risk in thinking through and developing the human capital, infrastructural, financial and administrative dimensions, all of which are interrelated. In effect i

Keen on developing cities by design,not demand Chief Minister N. Chandrababu Naidu has reaffirmed his Government’s commitment to invest in the cities in anticipation of future requirements and give them freedom to raise substantial investment resources by monetising their land assets. The Chief Minister said the Government was exploring opportunities with companies across the world to find partners to develop state of the art urban solutions. “Andhra Pradesh does not want to under invest in its cities,” he averred. The Chief Minister was addressing the participants of the World Economic Forum meeting in Tianjin in China on Monday. He elaborated the State Government’s efforts to build a world-class city in Amaravati which had historical background and said “we are keen on developing cities by design not on demand”. Accordingly, the Government was striving to invest in network of the cities — integrating the smaller towns around the core region. It had taken adequat

On the first day of his four-day trip to China, Andhra Pradesh Chief Minister N Chandrababu Naidu today held a meeting with Sri Lankan minister Malik Samara Vikrama in Tianjin city and discussed the possibility of the two governments working together for tourism promotion.  Delighted to have explained about #Amaravati to Sri Lanka's Minister Malik Samarawickrama. #ChinaTrip pic.twitter.com/2TYDRkL0fZ — N Chandrababu Naidu (@ncbn) June 26, 2016 Chandrababu Naidu reached Tianjin this afternoon via Hong Kong along with a 12-member delegation to promote the state. A communication from his office here said the Sri Lankan minister enquired the Chief Minister on the progress made in building the state's new capital Amaravati.  "The Sri Lankan minister conveyed his Prime Minister's greetings to the Chief Minister. He also invited Chandrababu to visit Sri Lanka. Both the governments have agreed to work together for promotion of tourism," the co

Andhra Pradesh Chief Minister Chandrababu Naidu says that his state clocked almost 11 percent growth in the last financial year, but that's not enough as far as he is concerned. He wants his state to clock 15 percent growth. In an exclusive conversation with CNBC-TV18's Shereen Bhan, Naidu whose government completed two years in office today asserts that his government has created over 1 lakh 20 thousand jobs in the last 2 years. He also said that his government has focussed in a big way on agriculture and horticulture.  Below is the transcript of Chandrababu Naidu's interview with CNBC-TV18's Shereen Bhan. Q: It has been a couple of months since you and I had a conversation. Since then the Andhra Pradesh Investment Summit has taken place and if my memory serves me correctly, about 331 MoUs were signed, proposals worth Rs 4.78 lakh crore that promised to create 10 lakh jobs. So, what has actually all of that translated in to actual reality  on the g

Young workforce in the State a major attraction, says official :  The State government plans to organise a road show in Japan in August-September to attract Japanese investments, according to Chief Minister N. Chandrababu Naidu. He was addressing the second day of the Collectors’ conference here on Thursday. Though schedule has not been finalised for the road show, the government is planning to organise 3 to 4 days event to show case the investment opportunities in the State. The Chief Minister would interact with Japan Prime Minister Shinzô Abe, officials and industry captains. Mr. Naidu got an invitation from Yosuke Takagi, State Minister of Economy, Trade and Industry of Japan, who visited the Capital region recently. The Japanese delegation led by him visited the Capital city recently. They were “satisfied and convinced” with the development and opportunities here. The average age of workforce is about 55 in Japan compared with 28 in India. The manufacturing i

Chief Minister N. Chandrababu Naidu had participated in a video conference with ‘IT Serv’, a consortium of over 400 NRI owned IT companies in the U.S. ‘IT serve’ represents several companies with multiple skill sets in various fields including, education, IOT, cloud management, app development etc. Representatives from over 100 companies attended the video conference from Dallas, Chicago, New Jersey, Houston, Atlanta and Washington DC. Fifty companies expressed their readiness to move to AP immediately.

Chief Minister N. Chandrababu Naidu met London Stock Exchange CEO Nikhil Rathi during his visit to London on first day. The Chief Minister held a discussion on financial district and development of world-class infrastructure in Amaravati with its representatives. Mr. Rathi informed Mr. Naidu that more than 500 companies with a total market capitalisation of $ 2 trillion were listed on the LSE. Mr. Rathi offered to work with the State government to help raise funds for Amaravati. During a meeting with representatives from Canary Wharf, the Chief Minister invited them to be partners in the development of Amaravati. Canary Wharf, being a major business district in the United Kingdom, he asked the delegation to adopt best practices to make Amaravati a hub of bustling financial activity. Later, the Chief Minister and his team participated in a presentation on UK smart city expertise. Greater London Authority, RICS, Aecom, Benoy, Arup, Mott MacDonald, Mace, Gleeds, Catapult, S

CM invites Wipro to be active partner in e-pragati During the meeting with Wipro Chairman AzimPremji, the Chief Minister invited Wipro to become an active partner in e-pragati, in efforts to make Andhra Pradesh a digitally-progressive state. He said: “I wish to make e-pragatia model for the entire country. Our state's egovernance solutions will expedite development process and empower people with the use of technology in building a brighter, vibrant and a Digital Andhra Pradesh.” AzimPremji, who came along with his son RishabPremji, enquired about other digital initiatives in Andhra Pradesh. The Chief Minister explained about the fibre connectivity and e-pragati. He has also explained the state government’s flagship Smart Andhra Pradesh programme. CM invites Philips to energy efficiently light up Amaravati  During a meeting with Ronald de Jong, Board member of Philips, the Chief Minister asked them to come with proposals to energy efficiently light up Amaravati and