Telangana chief minister, K Chandrasekhara Rao, will be giving final touches to the state's industrial policy in a week's time. A decision to this effect was taken at a high-level meeting held by the chief minister on Monday.
According to an official press release, the chief minister asked the officials to secure lands available for industry and hand it over to the Telangana State Industrial Infrastructure Corporation (TSIIC). Basic infrastructure facilities should be created in these lands so as to convert them into industrial estates.
Emphasising the need for promotion of industry, Rao said the state government itself should take all the necessary permissions needed for setting up an industry.
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Following this, the chief minister asked officials to identify land parcels with an extent of 200 acres and above in three to four places and submit them for the consideration of the Centre.
Rao has also accepted the invitation extended by the alumni association of the Indian Institutes of Management to address their two-day convention, Impact 2014, to be held in Singapore next month. He intends to utilise this visit to look into various aspects of the Singapore model of development.