Latest news with #NChandrababuNaidu
Time of India
an hour ago
- Business
- Time of India
Andhra Pradesh presses on with freebies despite debt
Tired of too many ads? Remove Ads Andhra Pradesh Chief Minister N Chandrababu Naidu has announced a slew of welfare schemes despite admitting the state faces a severe financial crunch. At the TDP's annual Mahanadu in Kadapa on Thursday, Naidu said the state carries a debt burden of Rs 10 lakh crore, with Rs 40,000 crore paid annually as interest. Finance ministry data, however, pegs the debt at Rs 5.62 lakh crore - still substantial by any Naidu confirmed that one of the TDP's key election promises - free bus travel for women - will be launched on August 15. The state has yet to estimate the cost of the scheme. "We'll understand the financial impact after implementation. The aim is to improve women's access to jobs, even if salaries are low," Finance Minister P Keshav told major promise, the revamped Rythu Bharosa scheme , will give Rs 20,000 per year to each farmer - Rs 6,000 under PM-Kisan and Rs 14,000 from the state. The state expects to support at least 54 lakh farmers initially, requiring Rs 7,560 crore annually. There are discussions to expand the scheme to 62 lakh also said the 'Thalliki Vandanam' scheme - which gives Rs 15,000 per child to mothers who send their children to school - will be rolled out this session. The previous government capped it at Rs 15,000 per mother. Keshav claimed the enhanced incentive also aims to encourage higher fertility rates. "South Indian states are seeing population declines. We must incentivise families to have more children," he TDP's ally BJP has backed the initiatives.
New Indian Express
10 hours ago
- Politics
- New Indian Express
Our united efforts ensured success of Mahanadu: CM Chandrababu Naidu
VIJAYAWADA: Chief Minister and TDP supremo N Chandrababu Naidu expressed happiness over the successful conduct of Mahanadu in Kadapa district. He congratulated the TDP rank and file, particularly of Kadapa district, for their efforts in making the three-day annual conclave a grand success. Holding a teleconference with TDP MLAs, MPs and other important leaders, and village-level activists on Friday, Naidu said the party rank and file of Kadapa district strove for the success of Mahanadu. Naidu said the success of Mahanadu in Kadapa had proved that any programme could be conducted smoothly with the joint efforts of party rank and file. All the State ministers worked like activists, and people in large numbers voluntarily attended the TDP annual conclave, Naidu said. He said the six TDP resolutions unveiled at Mahanadu should be widely taken to the people. Asserting that the coalition government is winning the trust of all the people, he said there is positivity among the people regarding the development and welfare schemes being implemented by the NDA over the past one year.
New Indian Express
11 hours ago
- Business
- New Indian Express
Trust ‘Brand CBN' & invest in AP: CM Chandrababu Naidu
VIJAYAWADA: Chief Minister N Chandrababu Naidu, who is keen to transform the State into a $2.4 trillion economy by 2047, has invited industry leaders to participate in the Swarna Andhra Vision 2047. Addressing the annual Business Summit 2025 of the CII in New Delhi on Friday, the CM called for deeper collaboration in innovation, infrastructure, and inclusive growth. 'Entrepreneurs generate wealth, and with it, we can implement impactful welfare programs,' he said. Recalling the CII Partnership Summit held in Hyderabad, 'it brought immense visibility and investment. I seek your support to bring investments to Andhra Pradesh.' The CM emphasized that industrialists can trust his leadership, stating, 'CBN is a tested Brand with a proven track record.' He urged them to leverage this credibility to grow their businesses in AP.' 'The economic reforms initiated by former PM PV Narasimha Rao changed India forever. Today, many of the world's top achievers are Indians and about 30% of them are Telugus. India is poised to serve the global community for centuries to come. The world is moving forward rapidly with developments in AI, quantum computing. If real-time data can be harnessed effectively, India, with its pool of outstanding entrepreneurs, can lead this revolution,' Naidu said.
New Indian Express
11 hours ago
- Politics
- New Indian Express
No change in schedule of Mega DSC: Andhra Pradesh govt
VIJAYAWADA: The State government has made it clear that the Mega DSC-2025 examination will be held as scheduled from June 6, dismissing the widespread demand on social media from aspirants for its postponement. In a statement issued on Friday, the School Education Department clarified that any delay in conducting the exam will jeopardise the future of 2.45 lakh candidates, and disrupt the academic year for lakhs of school students. The government reiterated that Chief Minister N Chandrababu Naidu signed the Mega DSC file on June 13, 2024, soon after assuming office as part of his commitment to strengthen the education system in the State, and fulfil the aspirations of unemployed youth. Under the leadership of HRD Minister Nara Lokesh, the government initiated the process to fill 16,347 teacher posts, and ensured that the Teacher Eligibility Test (TET) was conducted transparently twice. The Mega DSC syllabus was uploaded on the official website in November 2024, giving aspirants more than six months to prepare for the exam. Responding to the aspirants' plea for over a 90-day preparation period post-notification, the government explained that the recruitment process was initiated with the issuance of GO No. 27 on June 13, 2024, and candidates were given ample time to qualify through two TETs.
Hans India
15 hours ago
- Business
- Hans India
Naidu unveils vision to make AP $2.4-tn economy by 2047
New Delhi: Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday unveiled a bold development agenda to transform Andhra Pradesh into a $2.4-trillion economy by 2047. Addressing the Special Plenary Session of industry body CII's Annual Business Summit 2025 here, he invited industry leaders to participate in the Swarna Andhra Vision 2047 and called for deeper collaboration in innovation, infrastructure, and inclusive growth. As part of the vision, the government aims to sustain over 15 per cent annual GDP growth and achieve a per capita income of $42,000-positioning Andhra Pradesh as one of the most prosperous and inclusive states in India. Naidu said entrepreneurs generate wealth, and with it, we can implement impactful welfare programmes. During the years when the CII Partnership Summit was held in Hyderabad, it brought immense visibility and investment, he added. 'Now, I seek your support to bring investment to Andhra Pradesh so we can continue creating wealth. We are at a truly inspiring moment in time', the Chief Minister said. Reflecting on his decades-long association with CII, Naidu noted, 'For over three decades, you've understood and engaged with my vision. In the mid-1990s, when CII was still finding its footing, I was warned that associating with industrialists or international forums like Davos might harm my political prospects. Yet, I persisted- attending Davos regularly since 1995 - because I believed in economic development through collaboration'. The Chief Minister said his government would set up a global leadership centre in Amaravati to prepare leaders for tomorrow, on the lines of Davos in Switzerland. "We want to set up a global leadership centre in Amaravati to prepare global leaders for tomorrow. We are all going to Davos to learn, network, meet people, exchange ideas. Now, this is the place I want to make it," he said. Naidu said companies like TCS, IBM and L&T would be setting up quantum computing centres in Amaravati, the new Greenfield capital. He said Andhra Pradesh is well-positioned for industries producing green energy. Naidu said his state has good solar and wind energy potential, along with pumped storage, green ammonia and nitrogen. It also has ports. "Some states have solar, some have wind, but all put together, Andhra Pradesh is the number one state for green energy and downstream industries," he said. Inviting industries to set up facilities in the state, Naidu said, "I will give you all the facilities. I am planning big." He said out of India's target to achieve 500 gigawatts of installed electricity capacity for non-fossil-based energy sources, 160 GW will come from Andhra Pradesh. Naidu highlighted India's evolution since the economic liberalization era under Prime Minister PV Narasimha Rao, noting that nearly 30 per cent of top global Indian achievers are of Telugu origin. He underlined the importance of technological advancements - ranging from AI to quantum computing—and stressed the potential of real-time data and innovation to position India as a global leader. 'We are fortunate to have Prime Minister Narendra Modi at the helm during this critical phase. Today, we are the fourth-largest economy. As India ascends to become the world's third-largest economy, the real competition begins - with the USA and China. The Indian industry must prepare for this next phase,' he urged.
