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Telangana industrial policy would be “the world’s best”

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Telangana Industrial PolicyThe Telangana industrial policy would be “the world’s best” and would be finalised within the next one or two days, Chief Minister K Chandrasekhara Rao told a group of delegation led by Piramal Group chairman Ajay Piramal on Wednesday. The Chief Minister said that the new industrial policy would be implemented in letter and spirit, with a ‘chasing cell’ in CMO monitoring the progress of investment proposals.

Within the next three to four months, Telangana would be the most happening State in the country in investment and other aspects

The government would identify land, develop it in all aspects, provide power and water, and then hand it over to industrialists, he said. Right now about two lakh acres of land was available to establish industries and all of this would be allotted to the Telangana State Industrial Infrastructure Corporation (TSIIC). The entire area would be brought under the single window act, he told the delegation. The ‘true single window’ would be a reality soon and an act would be brought in this regard, he stated. Chandrasekhara Rao recalled his meeting with Wipro chairman Azim Premji, following which a decision was taken to establish industries here which would provide employment to 5,000 persons.

The Chief Minister offered the delegation all required facilities and asked the leader to come up with industries of his choice. Corruption would be wiped out in the State. Upon announcement of the new Industrial Policy, industrialists could download forms from a website for submission to the government, which would then kick-start activity, he said. Replying to questions on power shortage, the Chief Minister said that 2,350 mw of power would be added by the year 2015 to the existing 4,000 mw thermal power generation capacity. The NTPC would establish 4000 mw power plant in the State in line with the Centre’s assurance.

The Chief Minister assured the delegation that within three years Telangana would be power surplus State. Within the next three to four months, Telangana would be the most happening State in the country in investment and other aspects, he maintained. Touching upon the comprehensive survey, he pointed out that the biggest problem for any government was non-availability of statistics. To overcome it, his government had decided to conduct a survey and collect data pertaining to all the 84 lakh households. “This will be done on a single day,” the Chief Minister asserted.

He wanted the Piramal Group to look into the proposed pharma city in and around Telangana for setting up industries. Education Minister Jagadish Reddy, chief secretary Rajeev Sharma, CM’s principal secretary S Narasinga Rao and official in CMO Smitha Sabharwal were present at the meeting.

Source: Metro India

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