AP CM sets calendar to spin economy back on rails
Vijayawada/UNI: Andhra Pradesh Chief Minister Jaganmohan Reddy on Tuesday underlined the need to boost the State’s economy which has been in a dormant state for the past 55 days 4.0 lockdown.
While addressing the Spandana review meeting through a video conference here on Tuesday, the Chief Minister said it was the bounden duty of the officials to bringing back the economy on the rails right from small shops, public transport and other facilities.
The Chief Minister released a calendar for the revitalization and rejuvenation of the economy and asked the district Collectors and the Joint Collectors to take the lead.
As per the calendar, half of the incentive arrears withheld by the previous government to the MSMEs of Rs.905 crore would be cleared by May 22 and the remaining cleared by June.
The MSMEs are employing at least 10 lakh people who have to become self-reliant. A GO has also been issued waiving the electricity charges to them for three months, he said.
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