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The Hindu
The Hindu
National
G.V.R. Subba Rao

State Investment Promotion Board gives green signal to eight projects in Andhra Pradesh

 Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has instructed the officials to strictly enforce the specially enacted law that provides 75% of the jobs to local residents in private and government-sponsored industries in the State. 

Presiding over the State Investment Promotion Board (SIPB) meeting where eight new projects were approved here on July 11 (Tuesday), Mr. Jagan Mohan Reddy said that the District Collectors should monitor the implementation of the Act and submit reports in every six months.

”We are providing land and other facilities to the new industries with the condition of giving 75% of the jobs to the local residents to avoid any opposition from the latter,” he said and asked the officials to ensure that the Act was implemented in letter and spirit.

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