Andhra Pradesh approves investment proposals worth Rs 39,473 cr
The CM directed ministers and officials to create the relevant ecosystem around the industrial projects coming up in the state.
'The eighth SIPB headed by CM Chandrababu approved investments worth Rs 39,473 crore. The 22 projects approved today will provide jobs to 30,899 people," an official release said.
The approved projects included an investment of Rs 1,800 crore from Renew Vyoman Power Pvt Ltd in Kurnool and Nandyal districts, JSW Neo Energy (Rs 2,000 crore; Kadapa), JSW AP Steel Plant (Rs 4,500 crore; Kadapa) and Laurus Labs (Rs 5,630 crore; Anakapalli).
Other projects included Lulu Shopping Malls International Ltd (Rs 1,222 crore; Vizag & Vijayawada), Renew Photovoltaic (Rs 3,700 crore; Anakapalli) and AS International (Rs 1,000 crore; Chittoor), among others. PTI STH KH
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
26 minutes ago
- Indian Express
Amid complaints of lack of cooperation by officials, UP CM Yogi Adityanath holds dialogue with MPs, MLAs
Amid complaints of lack of cooperation by officials on the ground, Chief Minister Yogi Adityanath on Sunday called a meeting with the MPs, MLAs and officials concerned from Kanpur, Chitrakoot and Jhansi divisions before giving approvals to development projects and schemes in their areas. The idea behind such a meeting, referred to as 'mandalwar samvad' (divisional dialogue), is to hold discussion with the public representatives before giving shape to projects and schemes in their constituencies, sources said. Similar division-level meetings will be held in the future, an official said. The move is being seen as an attempt by the Chief Minister to resolve purported differences between officials and public representatives at the grassroots level in the run-up to the upcoming panchayat elections and the 2027 Assembly polls in the state. In the meeting, which was held at the CM's official residence in Lucknow, projects worth Rs 4,901 crore were finalised for Jhansi division, projects worth Rs 3,875 crore for Chitrakoot division and about projects worth Rs 10,914 crore were okayed for six districts of Kanpur division, it is learnt. Officials said public representatives were given the opportunity to propose schemes and projects for their areas, on which discussion was held over their viability and other issues. The projects proposed by the MLAs included that of road connectivity, irrigation, logistical hubs and approach roads to religious places. 'During the meeting, the Chief Minister asked the officials to take the opinion of the public representatives before finalising the projects for their constituencies and areas. While he asked the public representatives to monitor the implementation of government schemes in their areas and ensure their proper implementation,' said a senior official. 'He took feedback from the MLAs and MPs about the ground situation, administrative coordination and public expectations in their constituencies,' he added. The Chief Minister also directed the officials to ensure that the names of local representatives are engraved on the foundation or inauguration stones of development projects, he said. In the past, many public representatives, including ministers, have raised concern over lack of cooperation by officials in the implementation of projects or resolution of public grievances in their constituencies. 'Officials were given instructions by the Chief Minister keeping in view the issues raised by the public representatives. It is a healthy exercise as we as public representatives approach officials with the public issues so that things change on the ground,' said an MLA, who attended the meeting on Sunday.
India.com
26 minutes ago
- India.com
How much salary is paid by bankrupt Pakistan to Army Chief Asim Munir? The amount is SHOCKING! It is Rs…, is it more than Indian Army Chief's salary?
Asim Munir (File) Pakistan Army Chief Salary: Pakistan Army Chief Asim Munir, who elevated himself to the position of Field Marshal after falsely proclaiming 'victory' in the recent India-Pakistan conflict, is the de-facto ruler of the country, while the civilian government led by Prime Minister Shehbaz Sharif is little more than a puppet regime, designed to be subservient to the Army. But how much does Field Marshal Asim Munir officially earn in monthly salary? Let us find out. What is the salary of Pakistan Army Chief Asim Munir? Its an open secret that the Pakistan economy is in complete ruin, yet its Army, especially the top brass live a lavish lifestyle comparable to the world's richest, while the masses struggle to find two square meals a day. In terms of salary, Pakistan Army Chief Field Marshal Asim Munir receives a monthly salary of PKR 250,000, which is equivalent to about Rs. 75,000, a meagre amount compared to his Indian counterpart General Anil Chauhan, who earns a monthly salary of Rs 250,000, which equals to about 8.25 lakh in Pakistan Rupee (PKR). Thus, the Indian Army Chief earns three times more salary than the Pakistan Army Chief, showcasing the vast gulf in the economic strength of the two countries. Does Asim Munir get any additional facilities after Field Marshal elevation? While Asim Munir's salary remains the same, the post of Field Marshal is considered the highest in any army, and thus accompanied by a multitude of perks and facilities. The new title comes with top-of-the-line facilities including a posh government bungalow, additional security, cars, medical facilities, and lifelong pension. Notably, Army Chief is considered the most powerful figure in Pakistan, even ahead of the Prime Minister, and this was evident when US President Donald Trump recently hosted Asim Munir for a luncheon at the White House, a privilege usually reserved for Heads of State. Meanwhile, apart from the salary, the Pakistan Army chief enjoys certain other perks that accompany the top post, including free membership in elite clubs, a lavish private bungalow, additional security, government-funded transport, Additionally, the Pakistan Army owns several businesses as a corporation, including dairy and transport firms, which adds to the income of Army Chief General Asim Munir and other top brass of the Pakistan Army.
&w=3840&q=100)
Business Standard
26 minutes ago
- Business Standard
DoT issues ₹7,800 cr demand notice to Tata Communications over AGR dues
The Department of Telecom has issued a "show-cause-cum-demand notice" of about Rs 7,800 crore to Tata Communications over adjusted gross revenue dues, according to an official note by the company. The demand has been raised by the Department of Telecom (DoT) for adjusted gross revenue (AGR) from 2005-06 till 2023-24, as per the note dated July 17. "As at June 30, 2025, the company has received 'Show Cause-cum Demand Notices' ('demand notices') from Department of Telecommunications of India aggregating to Rs 7,827.55 crore for financial years ranging from FY 2005-06 to FY 2023-24, which have been revised over a period of time," Tata Communications Managing Director AS Lakshminarayan said. He said the demand notices include Rs 276.68 crore towards disallowance of deductions claimed by the company on payment basis for the financial year (FY) 2010-11 under ISP (internet service provider) licence and FY07 and FY10 under NLD (national long distance) licence. Tata Communications has existing appeals relating to its ILD (International Long Distance), NLD, and ISP licences that were filed in the past and are pending at the Supreme Court and telecom tribunal TDSAT. Lakshminarayan said the company's appeals are not covered by the apex court judgement dated October 24, 2019, on AGR under the old telecom licence regime called UASL. "Further, the company believes that all its licences are different from UASL, which was the subject matter of Hon'ble Supreme Court judgement of October 24, 2019. The company, based on its assessment and independent legal opinions, believes that it will be able to defend its position," Lakshminarayan said. As per initial calculation by the government, telecom operators had liability to pay around Rs 1.65 lakh crore in total AGR dues till FY19. The calculation as of March 2022 showed that the AGR liability on Bharti Airtel was Rs 31,280 crore, Vodafone Idea Rs 59,236.63 crore, Reliance Jio Rs 631 crore, BSNL Rs 16,224 crore, MTNL Rs 5,009.1 crore up to financial year 2018-19. The government calculation at that time did not include liability on Tata Communications. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
