Fast-tracking industries will be a big sop, says CM YS Jagan Mohan Reddy

Amaravati: Chief Minister YS Jagan Mohan Reddy said that focus should be on to facilitate industries to start on time with emphasis on industrial parks and clusters.

During a review meeting on State Investment Board (SIB) here on Friday, the Chief Minister said any new proposal for setting up of industry should be sent to state Pollution Control Board, which in turn will take the advice of the experts it has a tied up with and send its recommendations accordingly.

Then the investors will have an interactive session with Investment Board officials who will spell out the industrial policy. After the appraisal by corporations concerned and considering the company's credentials, permission will be accorded by the state and single window system will come into play.

By following this procedure, the risk factor to the industrialists will be reduced. Industries generate employment for future generations but at the same time they should be environment-friendly, he said. The state will focus on industrial parks and clusters and will suggest the location to avoid any issues in future.

The industrial policy has also come in for discussion during the review meeting. "We will provide the industries with land, water, power and man power besides being proactive. These should be considered while drafting the new Industrial policy," he said.

He said the previous government talked tall but had not cleared dues to the tune of Rs 4,000 crore towards incentives. "We have cleared Rs 450 crore to MSMEs in first tranche and will pay the remaining soon. Seventy-five per cent reservations should be provided to locals and youth are being trained to become skilled manpower," he said.

Deputy Chief Minister Pilli Subhash Chandra Bose, ministers Peddireddy Ramchandra Reddy, Mekapati Goutham Reddy, Botcha Satyanarayana, G Jayaramulu, Balneni Srinivas Reddy, K Kanna Babu, Chief Secretary Nilam Sawhney, industries special chief secretary K Valavan and other officials attended the meeting.