Pertaining to the next investor summit

The summit is similar to a community outreach campaign; we want to make it clear that we mean business. Top industrialists are coming to the summit for the first time and investing in the state. This trust is a result of our government's and the leadership's assurances that we are there to assist them in generating wealth and jobs.

Investor summits are held in every state, and the proposals made to businesspeople are the same across the board. The advantages of ap include our 974 km of coastline, six seaports, four more being built, ample land bank, mineral resources, and uninterruptible power supply. We have topped studies measuring business-friendliness for the past three years. Because limestone is available throughout the state, investments may be made in the cement industry.

About the state's rising debt and financial administration

We assumed control of a Rs 2,71,000 crore debt load that has grown 139% since 2014 at a CAGR of 19.05%. We have taken on less debt over the past four years because it has only increased by 68% at a CAGR of 13.5%. It is currently valued at Rs 4.42 lakh crore. We are a state that practises fiscal responsibility, thus any debt we have is below the suggested FRBM level.

మరింత సమాచారం తెలుసుకోండి:

cm jagan

G GOWTHAM

03/03/2023 03:30 AM