Current Affairs Exam

TDP Leaders Advocate for Exclusive Industrial Policy for SC/ST Entrepreneurs in Andhra Pradesh

TDP representatives, including Rajam MLA Kondru Muralimohan and Parvatipuram legislator Bonela Vijayachandra, have urged Chief Minister N. Chandrababu Naidu to implement an exclusive industrial policy aimed at supporting entrepreneurs from the Scheduled Castes and Scheduled Tribes. They specifically requested this policy to encourage the establishment of industries in the backward districts of Parvatipuram-Manyam and Vizianagaram. The representatives highlighted the need for financial assistance, including capital subsidies, exemption from stamp and transfer duties, significant discounts on land costs, reduced electricity charges, and reimbursement of interest and taxes. Mr. Naidu reportedly responded positively to the suggestions and promised to discuss the proposals with relevant ministers and officials. The TDP leaders believe that such a policy would stimulate industrial growth in the region, particularly in Rajam, where Mr. Murali represents.

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