AP’s new industrial policy to be powered by skilled manpower, not subsidies

By Newsmeter Network  Published on  19 Feb 2020 3:49 AM GMT
AP’s new industrial policy to be powered by skilled manpower, not subsidies

Visakhapatnam: The new industrial policy of the YSRC government in Andhra Pradesh will focus more on creating skilled manpower than subsidies and incentives unlike its predecessor, AP minister for industry, commerce, and IT, Mekapati Goutham Reddy, said at a meeting conducted by the United Nations Industrial Development Organization (UNIDO) and DPIIT.

When asked about the major change that the new Industrial policy will reflect in comparison to the previous government, he said the government would attract industries with its skilled manpower rather than subsidies. “It is not that we will not provide land, subsidies, and incentives to industries in the new policy, but to those units looking for long-term investment in Andhra Pradesh our policy will be transparent and promises will be delivered. We will have a 28-day window policy to help industries get clearances for their business operation,” the minister said.

The AP Industrial, IT policy, AP Electronic Policy, Innovation, and Start-up Policy framed in 2014 will lapse in 2020 and 90 per cent of the final draft of the industrial policy has been completed. The government is now taking feedback before releasing the final draft.

He also said that the TDP is planning to ruin the image of Andhra Pradesh just for political mileage.

Final report on Skill Development University in 45 days.

Skilled manpower, the minister said, will attract industries to the state and hence the state government is planning to make students job-ready with a vigorous industry-academic model and by establishing Skill Development University.

According to him, 25 skill development schools will come up at various places in the state under the ambit of the Skill Development University. “We will present the final report on the establishment of the varsity within 45 days to the state government,” he said while speaking about the progress made on the proposal.

Earlier, the AP government had decided to reserve 75 per cent of private jobs for the state's local people. On Tuesday, representatives from various industrial sectors also pointed out the unavailability of manpower to cater to their demand. For instance, Brandix, a textile company in Vizag, is roping in technicians from other states and even from outside the country to operate their machines.

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