Visakhapatnam: Union Rural Development Minister Jairam Ramesh said on Monday, the location of new capital for residual State of Andhra Pradesh would be finalized in three to four years.
He committed a faux pas by saying that the new capital would be developed in PPP mode and later when media persons sought a clarification from him, he pointed out that he stated that jocularly.
Ramesh had few an embarrassing moments during the interactive session when local entrepreneurs Ramakrishna Narappareddy and O. Naresh Kumar came down heavily on bifurcating AP bulldozing popular opinion in Seemandhra and not allotting any funds for development of the residual State.
Earlier, in his address, Ramesh urged that the CII AP unit should not be divided into two and opined that it should play an integrated role by channeling synergies from both the regions.
The Minister said the division would throw new opportunities for both States and explained how the package and special category State status would bring new investment to AP.
He said the division had been painful, controversial and acrimonious. Now Telangana creation is a reality a legal reality. Soon it will be a political reality. Let’s make the transition as smooth as possible, he said.
Ramesh said the Centre would formulate common minimum economic agenda for both States. He said the Hyderabad model of development – wherein all projects were concentrated only in the city should not be replicated.
CII Southern Region chairman B. Santhanam, AP chairman B. Ashok Reddy, Vizag zone new chairman G.V.L. Satya Kumar, and immediate past chairman G. Sambasiva Rao spoke.
Bureau Report
Leave a Reply