As expected much awaited Industrial policy 2010-2015 is out. Naturally Government has projected an ambitious figure of Rs 15,000 Crores as investments to flow in annually. Since, SMEs is now a thrust area nationa wide , Whole state policy, as it appears, is hovering around SMEs. IT sector, where we AP is now in fourth place, received enough attention. Aim is to climb up in this rating. In this direction, government wants to constitute a Business Advisory Committee under the Chairmanship of Honble CM. Lets hope it will have best of best brains from the Industry and not to become another political rehabilitation centre filled with sympathizers. Recognition of Tier II and Tier III cities is a very significant development. Increased focus on manufacturing sector, if implemented as planned, would push growth rate to 17% form 12% and generation of employment which is estimated aroung 500000 new jobs in various sectors
Over all, we can say that it is positive and good. It shows that State Government means business.
But what is needed further, apart from having a sound policy, what we need to have, for stable Industrial growth and Investment flows, a congenial industrial environment. It is time now, our political leaders shall question themselves, can they carry their respective agendas with out effecting core economic factors which are vital for State Industrial Growth. Irrespective of their political stand, can they impartially support and give unbiased acceptance to what is good to the state and create an atmosphere that is conducive for growth and investments. Lets hope for the best
Policy document – where is it
We shall be happy, our government website promptly displayed AP state policy. Funny thing is, if we click that link for policy document, a message gets displayed or an press realease not the document
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