{"id":7691,"date":"2024-06-14T03:15:46","date_gmt":"2024-06-14T03:15:46","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=7691"},"modified":"2024-06-14T03:15:46","modified_gmt":"2024-06-14T03:15:46","slug":"andhra-pradesh-targets-rs-5000-crore-from-its-retail-parks-policy","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/andhra-pradesh-targets-rs-5000-crore-from-its-retail-parks-policy\/","title":{"rendered":"Andhra Pradesh targets Rs 5,000 crore from its retail parks policy"},"content":{"rendered":"

The declared retail parks policy 2021-26, anticipating targeted Investment<\/a> of RS 5,000 crore in the next five years. The government has proposed to encourage retail trade parks with a minimum investment of Rs 100 crore with 5,000 direct employments.<\/p>\n

The state government issued orders to attract investments in retail trade in the state. The government proposes to encourage development of retail parks in every district each park with focus on one particular trade, like pharmaceuticals, textiles, plastics, electricals, etc.<\/p>\n

A nodal officer will be designated in every District Industries Centre (DIC) to facilitate the retail investment and promote retail parks to come up in the districts. The nodal officers would provide handholding for those who are interested in establishing the retail park. The nodal officer would help the investors

\r\n \r\n \r\n \r\n \r\n <\/svg>\r\n <\/span>\r\n Subscribe on YouTube\r\n <\/a>\r\n <\/div> get all clearances from the government.<\/p>\n

The policy also provides Infrastructure<\/a> assistance from the state government for any park with an investment of Rs 100 crore or providing 5,000 direct EMPLOYMENT<\/a>. The government would provide the roads, water, sewerage, electricity and other facilities to such parks. However, these incentives would be extended to the investors only if they fulfil the mandated investment or employment target, the state government said.<\/p>\n

The state government also

\r\n \r\n \r\n \r\n \r\n <\/svg>\r\n <\/span>\r\n Join Our Telegram Channel\r\n <\/a>\r\n <\/div> proposes to encourage organised retailers to set up their warehouses\/distribution centres within the designated areas in the park. The government proposes logistic policy to cover the required initiatives for encouraging setting up of world class warehouses on PPP basis.<\/p>\n","protected":false},"excerpt":{"rendered":"

The declared retail parks policy 2021-26, anticipating targeted Investment of RS 5,000 crore in the next five years. The government has proposed to encourage retail trade parks with a minimum investment of Rs 100 crore with 5,000 direct employments. The state government issued orders to attract investments in retail trade in the state. The government … Read more Andhra Pradesh targets Rs 5,000 crore from its retail parks policy<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1096],"tags":[740],"yoast_head":"\nAndhra Pradesh targets Rs 5,000 crore from its retail parks policy - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/andhra-pradesh-targets-rs-5000-crore-from-its-retail-parks-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Andhra Pradesh targets Rs 5,000 crore from its retail parks policy\" \/>\n<meta property=\"og:description\" content=\"The declared retail parks policy 2021-26, anticipating targeted Investment of RS 5,000 crore in the next five years. The government has proposed to encourage retail trade parks with a minimum investment of Rs 100 crore with 5,000 direct employments. The state government issued orders to attract investments in retail trade in the state. The government ... 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The government has proposed to encourage retail trade parks with a minimum investment of Rs 100 crore with 5,000 direct employments. The state government issued orders to attract investments in retail trade in the state. The government ... 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