amaravati farmers 02022017

Farmers in the Amaravati region who had pooled their land for the capital got a gift from the finance minister Who exempted them from capital gains tax on sale of their developed land.

The Budget proposes to introduce clause (37A) in Section 10 of the AP Capital Region Act to ensure capital gains arising from transfer of land are not charged.

"The new capital for state of is being constructed by innovative land-pooling mechanism Without use of the land acquisition Act," Mr Jaitley said.

The exemption will also be applicable to sale of land pooling ownership certificates in lieu Of land transferred.

budget for ap 02022017

The following budgetary allocation was made by the Union Finance Minister for the following institutes and projects in AP:

  • Tribal University: Rs.100 Crore
  • Central University: Rs.10 Crore
  • IIT: Rs.50 Crore
  • IIM: Rs.50 Crore
  • Indian Institute of Culinary Sciences: Rs.50 Crore
  • IIIT: Rs.30 Crore
  • IITDM (Kurnool): Rs.30 Crore
  • Indian Institute of Petroleum and Energy: Rs.145.20 Crore

Externally Aided Projects

  • Municipal Development: Rs.195 Crore
  • Development of Roads: Rs.200 Crore
  • Disaster Recovery Project: Rs.200 Crore
  • Integrated Rural Develeopment Programme: Rs.150 Crore
  • Visakhapatnam Port Trust: Rs.134.73 Crore
  • Visakhapatnam Steel Plant: Rs.1,891,.65 Crore
  • Funds for a Science center
  • Fund for Permanent Buildings for NIT, IIT, IIM and School of Architecutre and Planning

Railway Projects:

  • Yerrnguntla-Nossam-Banaganipalle (45 kms) Line
  • Banganipalle - Nandyal (28 kms) line
  • Vijayawada - Kondapalli doubling work and electrification
  • Guntakal-Bellari and Nallapadu-Nadikuri lines to be speeden up

Roads:
Vijayawada - Ranchi (under extremist affected areas) 250 Kms road: Rs.900 Crore

navy show 29012017

Berm Park and Punnami Ghat are being spruced up for navy show scheduled for February 4 and 5. The Sports Authority of India would pick up school children interested in navy and help them stay in the city to witness navy operations.

The Navy Mela is intended to create awareness among school-going children on the defence forces of the country. An air show was conducted recently to create awareness among students about career prospects. Students from Rayalaseema region would get priority to witness the navy show.

Actually, the navy show preparations would begin on February 1. The Krishna riverfront is a buzz with activity as fool proof arrangements are being made for the navy show. With air show already creating much interest in students about our air force, the navy show is all set to create more enthusiasm among them.

mou 29012017

A German national of Indian origin signed a unique MoU with Andhra Pradesh Tourism Development Corporation (APTDC) to make the well known religious centres in the State as marriage destinations for Europeans as well as Indians born in various foreign countries. The NRI Nissankara Venkata Praneeth signed the MoU on the concluding day of the Partership Summit held at APIIC Grounds.

He told that though the MoU is for promotion of Indian culture abroad, specifically Telugu culture in the EU, it will focus on bringing people from there to solemnise their weddings here as per the Hindu tradition.

The government will be a mere facilitator giving protection to the foreigners from the local cheats and in providing guidance so that they will have a hassle-free visit to the temples

Praneeth said he settled down in Germany for six years and his local friends always enquired about Indian Wedding practices. "After hearing about the practices and traditions they are now showing interest in our ceremonies believing that Vedic rituals strengthened the bonds unlike Christian weddings. They want their marriages performed here and that is how it became my business venture", he said.

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Despite innumerable challenges, a revenue deficit, lack of infrastructure and educational institutions and a power deficit staring at the Sunrise state of Andhra Pradesh when Chandrababu Naidu took on the government in June 2014, Andhra Pradesh has come a long way in the last 30 months.

Andhra Pradesh, India's Sunrise State, and the gateway to the east, recommits itself to the growth of the nation. We have embarked on a journey of consistent double digit growth, and are confident of emerging as a developed state by 2029.

Andhra Pradesh has been rated as the top state in the country for ease of doing business by World Bank and Govt. of India, up from 2nd position the previous year. This is a reflection of our continued commitment to provide best-in-class sector policies, stable industrial relations and an investor friendly business environment. The State offers quality power, robust industrial infrastructure, large industrial land banks, excellent connectivity and availability of a skilled workforce – ingredients of a vibrant and globally competitive investment destination.

In these 30 months, we have come a long way. There is no looking back from here. Our goal is to be among the top 3 states in India by 2022; be the best state with high happiness index in 2029 and be the most preferred investment destination by 2050.

Here are the strenghts and focus sectors of Andhra Pradesh. Proudly share this and let the nation know the strength of Andhraite.

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