CM Naidu Outlines Vision for Andhra Pradesh’s Economic Growth
ECONOMY & POLICY

CM Naidu Outlines Vision for Andhra Pradesh’s Economic Growth

Andhra Pradesh Chief Minister N. Chandrababu Naidu has reiterated his commitment to tackling economic inequality and raising the financial status of the poor while outlining his ambitious vision for the state’s future. 

During a PowerPoint presentation at the state Secretariat, Naidu emphasised the goal of transforming Andhra Pradesh into a $2.4 trillion economy with a per capita income of $42,000 by 2047. Stressing inclusive development, he stated, “We are committed to building a prosperous Andhra Pradesh, focusing on empowerment and development for all citizens.”
 
Criticising the previous government, Naidu blamed policies like the “three capitals” plan for halting progress in Amaravati and neglecting the Polavaram project. “No one dared to invest in the state due to the poor governance earlier,” he remarked. 

Naidu highlighted his administration’s focus on wealth creation through development, emphasising the role of IT and economic reforms in driving growth. “When I introduced IT in 1995, people mocked me. Today, it has elevated Telugus to the top income-earning group globally,” he said, adding that his Swarnandhra Vision-2047 includes ten key policies, with zero poverty as a priority. 

The Chief Minister announced that over Rs 4 trillion in investments have been secured since his government took office. Projects like the Amaravati development, Polavaram completion, and interlinking of the Godavari and Pennar rivers are underway, with a focus on making farming more profitable. 

To further modernise governance, Naidu revealed the launch of “WhatsApp governance” on January 18, enabling corruption-free services and enhancing welfare pension schemes. He also praised infrastructure improvements, stating that newly constructed pothole-free roads have delighted Sankranti travelers. 

Naidu concluded by pledging to achieve a 15% growth rate and implement second-generation economic reforms to position Andhra Pradesh and its people at the forefront of global progress. 

(Deccan Chronicle)    
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Andhra Pradesh Chief Minister N. Chandrababu Naidu has reiterated his commitment to tackling economic inequality and raising the financial status of the poor while outlining his ambitious vision for the state’s future. During a PowerPoint presentation at the state Secretariat, Naidu emphasised the goal of transforming Andhra Pradesh into a $2.4 trillion economy with a per capita income of $42,000 by 2047. Stressing inclusive development, he stated, “We are committed to building a prosperous Andhra Pradesh, focusing on empowerment and development for all citizens.” Criticising the previous government, Naidu blamed policies like the “three capitals” plan for halting progress in Amaravati and neglecting the Polavaram project. “No one dared to invest in the state due to the poor governance earlier,” he remarked. Naidu highlighted his administration’s focus on wealth creation through development, emphasising the role of IT and economic reforms in driving growth. “When I introduced IT in 1995, people mocked me. Today, it has elevated Telugus to the top income-earning group globally,” he said, adding that his Swarnandhra Vision-2047 includes ten key policies, with zero poverty as a priority. The Chief Minister announced that over Rs 4 trillion in investments have been secured since his government took office. Projects like the Amaravati development, Polavaram completion, and interlinking of the Godavari and Pennar rivers are underway, with a focus on making farming more profitable. To further modernise governance, Naidu revealed the launch of “WhatsApp governance” on January 18, enabling corruption-free services and enhancing welfare pension schemes. He also praised infrastructure improvements, stating that newly constructed pothole-free roads have delighted Sankranti travelers. Naidu concluded by pledging to achieve a 15% growth rate and implement second-generation economic reforms to position Andhra Pradesh and its people at the forefront of global progress. (Deccan Chronicle)    

Next Story
Real Estate

Hawaii Aims to Stabilise Property Insurance Amid Climate Disasters

Hawaii lawmakers have opened the legislative session with a commitment to address the state's unstable property insurance market, exacerbated by hurricanes, wildfires, and climate change-related disasters. Rising reinsurance costs due to global catastrophes, including Florida and North Carolina hurricanes and California wildfires, are driving insurers to hike rates or withdraw from Hawaii. Senate President Ron Kouchi highlighted that Hawaii's designation as a disaster-prone state worsened after the August 2023 Maui wildfires. Adding to the crisis, recent Los Angeles wildfires have caused ..

Next Story
Real Estate

GuocoLand Secures S$1.24 Billion Green Loans

GuocoLand, a leading real estate group, announced securing two green loans totalling S$1.24 billion (approximately $907.8 million) from DBS Bank and Oversea-Chinese Banking Corporation (OCBC).The loans include a S$1.14 billion facility, GuocoLand's largest green loan to date, for refinancing its flagship mixed-use development, Guoco Midtown. Additionally, S$105 million has been allocated to refinance the Midtown Bay luxury residential project.These loans were obtained under GuocoLand’s green finance framework, which supports refinancing of projects designed to generate significant environmen..

Next Story
Infrastructure Urban

MCG to Address Illegal C&D Waste Dumping in Gurugram

The Municipal Corporation of Gurugram (MCG) has directed the removal of construction and demolition (C&D) waste dumped along Rajesh Pilot Road and Golf Course Road Extension. The order was issued by MCG Additional Commissioner Mahavir Prasad during a samadhan camp held, following complaints from residents of Sector 55.Residents highlighted the unauthorised dumping of debris on vacant plots, which they said was causing pollution and creating unsanitary conditions in the area. Prasad acknowledged that the issue posed environmental and health risks, as well as being an eyesore, and assure..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000