Page 5 - Y S Jaganmohan Reddy

Andhra CM lays foundation stone for Rs 4,362 cr Mulapeta Port in Srikakulam

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Wednesday laid the foundation stone for the Rs 4,362 crore Mulapeta greenfield port in Srikakulam district, which is expected to completed within two years. Besides the port, the Chief Minister also laid the foundations for a fishing harbour at Budagatlapalem, life irrigation project from Gotta barrage to Hira Mandalam reservoir and taking forward the works of Mahendra Tanaya river. "I am proud to say that these four projects will change the face of Srikakulam district in the coming days," Reddy said addressing a public meeting at Naupada village, adding that the district is endowed with a 193 kilometre long coastline out of the southern state's total 974 km coastline. However, he noted that over the decades, neither a port nor a fishing harbour or a fish landing centre was built in this coastal district which had the potential to become another Chennai or Mumbai. Reddy observed that Mulapeta Port in Sonthabommali mandal would

CBI arrests Andhra CM Jagan Reddy's uncle Y S Bhaskar Reddy in murder case

The CBI has arrested Y S Bhaskar Reddy, an uncle of Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy, in connection with the murder of former MP Vivekananda Reddy, officials said on Sunday. Vivekananda, the brother of late Andhra Pradesh chief minister Y S Rajasekhara Reddy and uncle of Jagan Reddy, was found dead at his residence in Pulivendula, on the night of March 15, 2019, weeks before the state assembly elections. The case was initially probed by a special investigation team (SIT) of the state crime investigation department, but was handed over to the CBI in July 2020. The Central Bureau of Investigation (CBI) had filed a charge sheet in the murder case on October 26, 2021 and followed it up with a supplementary charge sheet on January 31, 2022.

Andhra Pradesh CM disburses Rs 659 crore under YSR EBC Nestham scheme

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Wednesday disbursed Rs 659 crore under the second tranche of YSR EBC Nestham, benefiting 4.3 lakh needy women. At a function held at Markapuram in Prakasam district, the Chief Minister gave away the assistance to women belonging to Reddy, Kamma, Aryavaishya, Brahmin, Kshatriya, Velama and other upper castes. The money would be directly credited into the bank accounts of beneficiaries aged between 45 and 60 years, aimed at enabling them set up businesses to attain economic empowerment. The life story of each and every woman from a household is as great and inspiring as that of a legend, especially how they strive for the welfare of their family, overcoming several obstacles, said Reddy in a statement. Under YSR EBC Nestham scheme, the State government will extend a financial help of Rs 15,000 per annum for three years to make women self-reliant and turn them into entrepreneurs. Incidentally, the scheme was not part of YSRCP's 2

Do not put your faith in Jagan: TDP chief Chandrababu Naidu tells people

On a day the ruling YSRCP launched a massive outreach programme under 'Jagananne Maa Bhavishatyu' (Jagan is our future), Telugu Desam Party chief N Chandrababu Naidu urged the people of Andhra Pradesh not to repose faith on Chief Minister Y S Jagan Mohan Reddy. Naidu made these remarks while addressing a TDP meeting in Nellore and declared that Reddy is not the future of Andhra Pradesh. "Jagan is not your faith nor...your future," remarked Naidu, as per a statement issued on Friday night, adding that people have to rethink on the trajectory that the state is moving in. He observed that the youth are getting addicted to drugs and abandoning activities useful for their families. During his visit in Nellore, the former chief minister took a selfie in front of some rows of AP Township and Infrastructure Development Corporation (APTIDCO) homes, questioning why these houses are not yet allotted to the beneficiaries and called on TDP leaders to challenge Reddy on what he has done for the

TDP will leave Reddy struggling in home constituency in 2024 polls: Naidu

Invigorated by the recent gains made by the TDP in the Legislative Council elections, party president N Chandrababu Naidu has said his party would not only win the 2024 polls with a "thumping majority" but leave the YSRCP scrambling even in its bastion of Pulivendula. The Leader of Opposition took a jibe at Chief Minister Y S Jagan Mohan Reddy's ambitious plans for YSRCP to win all 175 Assembly constituencies in the 2024 elections, saying it is not now "why not 175" as has been stated by the ruling party but would come down to why not Pulivendula'. Pulivendula is the constituency from which Reddy was elected, and it has been a stronghold of the YSRCP, from which the party's candidates have been repeatedly elected with wide margins in the past. The former chief minister made these remarks during a TDP zone -1 meeting in the port city, where he expressed satisfaction over the recent Council polls and said it was an indication the principal opposition party would win the next elections

Andhra Pradesh CM Reddy disburses Rs 6,419 cr under YSR Asara scheme

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Saturday disbursed Rs 6,419 crore under the third tranche of YSR Asara scheme, benefiting as many as 74.94 lakh women. Under Asara scheme, outstanding bank loans of eligible women Self-Help Groups will be written off to enable them to stand on their own feet. Reddy released these funds by the click of a button, reiterating that the State government would continue to work for the educational, social, economic and political empowerment of women. He noted that the southern state has spent upto Rs 2.25 lakh core towards women's welfare through various programmes such as 'Amma Vodi', 'Cheyuta', 'Kapu Nestam', 'EBC Nestam', 'Vidya Devena' and others. According to the Chief Minister, more than 9.8 lakh women have launched their own business units such as stores, poultry farms, food processing units, vegetable shops and others through Asara scheme. Besides collaborating with corporates like L&T, Reliance, P&G, ITC, Amul and ...

Polavaram project is synonymous with Y S Rajasekhar Reddy: Andhra CM

The Telugu Desam Party (TDP) has no moral right to speak on the Polavaram project, which is synonymous with Y S Rajasekhar Reddy, Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy has said. Accusing the TDP of not following the technical order in the construction of the project, Reddy said it ended up in the diaphragm wall getting washed away due to floods. TDP chief Nara Chandrababu Naidu has no locus standi to talk about the project as he never spoke about it between 1995 and 2014, the Chief Minister said in a statement on Thursday night. Intervening in a discussion on the project in the Assembly, he made these remarks, dismissing the propaganda' by media houses which found fault with the height of the project. The CM asserted the project will be built to its original height of 45.7 metres but in the first phase it would be limited to 41.15 metres owing to technical reasons and the safety of the dam. Incidentally, Reddy is critical of the media houses which are projecting Naid

Andhra CM launches ragi malt drink in govt schools, at cost of Rs 86 cr

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Tuesday incorporated an additional nutrient supplement, ragi malt drink, into the menu of government school students, at a cost of Rs 86 crore. With this new addition into the menu of the existing Jagananna Goru Mudda scheme, more than 37.6 lakh students studying in as many as 44,392 government and aided schools will reap the nutritional benefits of getting iron and calcium through their school meals. Making the announcement, Reddy said, "These practices are to make the Gorumudda even better. This food provides useful iron and calcium which helps the growth of children." According to the Chief Minister, the state government's expenditure on the mid-day meal scheme will rise from Rs 1,824 crore per annum to Rs 1,910 crore, on adding ragi malt to the menu at Rs 86 crore. Out of the Rs 86 crore required, Satya Sai Central Trust chipped in with Rs 42 crore. He said schemes like these are aimed at reducing school dropouts, providin

Andhra CM disburses Rs 699 cr for students' education fee reimbursement

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Sunday released Rs 699 crore under a flagship government scheme for total fee reimbursement to eligible students studying a variety of courses. As many as 9.8 lakh students pursuing ITI, polytechnic, degree, engineering, medicine and other professional courses will benefit from the Jagananna Vidya Deevena scheme for the quarter October to December, 2022. Under the scheme, the fee of students belonging to Scheduled Castes, Scheduled Tribes, backward classes, minorities, Kapus, economically backward classes and persons with disabilities (PwD) categories will be reimbursed. These funds will be directly credited into the bank accounts of the students' mothers. After disbursing the fees by clicking a button, the Chief Minister noted that the fate of the poor can be changed for better only through education. Reddy pointed out that Jagananna Vidya Devena scheme was introduced with the single aim of offering higher education to poor ...

AP investors summit sees Rs 1.17-trn MoUs on Day 2; RIL inks Rs 50k-cr pact

Amongst the major investors, Reliance has signed one MoU with an investment of Rs 50,000 crore which will generate employment for 10,000 people

Hetero to invest Rs 1,000 crore in AP in over 2 years to expand pharma biz

Drug maker Hetero Group will be investing Rs 1,000 crore to expand its pharmaceutical and specialist business in Andhra Pradesh, its Managaing Director Vamsi Krishna Bandi said on Saturday. Speaking at Global Investors Summit 2023 here, he said post-Covid pandemic, more countries are looking at India as a partner of choice in pharmaceutical sector, and Andhra Pradesh is ideally placed to take advantage because of a well-established ecosystem. "We are committed to Andhra Pradesh and will continue to expand our presence here. We'll be investing about Rs 1,000 crore in Andhra Pradesh over the next two years to grow our pharmaceutical and specialty business. This will generate an employment of a minimum of 3,000 people," he said. Bandi further said the USD 2.5 billion pharma group employs over 10,000 people directly and indirectly in Andhra Pradesh, and supplies about 40 per cent of global HIV medicines that are manufactured in the state.

Andhra Pradesh received Rs 13 trillion as investments: CM Jagan Mohan Reddy

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Friday said the state has received investment proposals worth Rs 13 lakh crore with an employment opportunity for six lakh people. Speaking at the inaugural session of the Global Investors Summit 2023 being held here, the Chief Minister said MoUs worth Rs 11.85 lakh crore will be signed today and the rest would be formalised on Saturday. He also said the investment proposals are from Reliance, Adani Group, Aditya Birla group, ReNew power, NTPC and Aurobindo Group among others. Reddy reiterated that Visakhapatnam would become the executive capital of Andhra Pradesh in the days to come and he will be moving over to the port city. "It is a proud moment to announce that the state has received 340 investment proposals with an investment of about Rs 13 lakh crore providing employment to almost six lakh people across 20 sectors," he said. He further said 2023 is an important year for India as the country is hosting the G20 summit unde

AP clinches investments worth Rs 13 trn at Investors Summit: CM Jagan Mohan

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Friday said the state has received investment proposals worth Rs 13 lakh crore with an employment opportunity for six lakh people. Speaking at the inaugural session of the Global Investors Summit 2023 being held here, Jagan Mohan Reddy said the investment proposals are from Reliance, Adani Group, Aditya Birla group, Renew power, NTPC and Aurobindo Group among others. He reiterated that Visakhapatnam would become the executive capital of Andhra Pradesh in the days to come and he will be moving over to the port city. "It is a proud moment to announce that the state has received 340 investment proposals with an investment of about Rs 13 lakh crore providing employment to almost six lakh people across 20 sectors," he said. The Chief Minister further said MoUs worth Rs 11.85 crore will be signed today and the rest would be formalised on Saturday.

Ambani, others bigwigs attend Global Investors Summit in Visakhapatnam

With the presence of industry bigwigs such as Mukesh Ambani of Reliance Group, GM Rao of GMR Group, founder-chairman of Cyient BV Mohan Reddy, the Global Investors Summit 2023 "Advantage Andhra Pradesh" began here on Friday. The sprawling sports grounds of Andhra University is hosting the two-day meet, where about 200 stalls have been set up, including over 30 showcasing the various advantages of investing in Andhra Pradesh in 13 crucial sectors identified by the government. The venue has five massive halls and each hall will host different events such as government-to-business (G2B) meetings, seminars, and meetings. Over 8,000 dignitaries and investors from across India and 40 other countries including China and USA are attending the event, a government press release said. Speaking at the inaugural session, AP Finance Minister Buggana Rajendranath Reddy said the dream is not only to re-establish AP as the industrial hub of the India but of the globe. "We have proximity to Chennai

Andhra Pradesh CM banks on 'silent revolution' to attract investors

Over 8,000 delegates from across world expected to participate in investor summit that begins today

We want to make Andhra a logistics hub for south Asia: CM Jagan Mohan Reddy

The State is working towards integrated logistics-based infrastructure development, says YS Jagan Mohan Reddy, Chief Minister, Andhra Pradesh

Jagan lays foundation stone for Rs 8,800 crore JSW steel plant in AP

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday laid the foundation stone for JSW Group's proposed steel plant at Sunnapurallapalle village in YSR Kadapa district. In the first phase, JSW steel will invest Rs 3,300 crore in the proposed plant and one million tonnes of steel per annum will be produced during the first year. The facility will be upgraded to two million tonnes per year in the second phase and will eventually reach three million tonnes capacity per annum. The total investment for all the three phases would be Rs 8800 crore, AP CM noted. Once the steel plant is set up, there will be an ecosystem developed with several ancillary units. Once the ecosystem is created, then the entire area would be transformed into a Steel City, Jagan said after laying the foundation stone. The CM said all necessary infrastructure such as road, power and water supply will be provided at an outlay of Rs 700 crore, to the plant. Jagan expressed hope that the steel plant would

Capital crisis in Andhra Pradesh

The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis

Andhra CM seeks investments, announces Visakhapatnam as new capital

Jagan Reddy invites companies, diplomats to a two-day summit in Visakhapatnam in March

Andhra's capital to be shifted to Visakhapatnam: CM YS Jagan Mohan Reddy

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Tuesday said the State capital would be shifted to Visakhapatnam. Addressing the preparatory meeting for the Global Investors Summit to be held in Visakhapatnam in March, Jagan said he would be shifting his office to the port city in the months to come. "Here I am to invite you to Visakhapatnam which is going to be our capital in the days to come. I myself would also be shifting over to Visakhapatnam in the months to come," he said. Amaravati is the present capital of Andhra Pradesh. In November last year, Jagan Mohan Reddy government repealed the controversial AP Decentralisation and Inclusive Development of All Regions Act, 2020 intended to establish three capitals for the State. The State government had proposed three capitals, Visakhapatnam (Executive capital), Amaravati (Legislative capital) and Kurnool (Judicial capital). Jagan further said the State Government is organising the Global Investors Summit in Visakhapatnam o