#Nara Lokesh foreign investments

[todayworldnews2k21]

Nara Lokesh pitches Vizag to Google Cloud CEO for setting up data centre

Information Technology & Human Resources Development Minister Nara Lokesh. File | Photo Credit: The Hindu Andhra Pradesh’s IT and Electronics Minister Nara Lokesh has pitched the port city of Vizag in his state for setting up a data centre to Google Cloud CEO, saying the new government in the State has taken various initiatives for supporting industry that will help it transform into a cloud…

[kadapatdp]

Path of Progress: TDP's Commitment To Industry And Job Creation

In today's rapidly evolving world, industrial growth and job creation play a crucial role in fostering economic development and social upliftment. The Telugu Desam Party (TDP), led by the visionary N Chandrababu Naidu, has consistently prioritized industry and job creation as part of their agenda. This highlights the Top TDP Achievements and contributions of the TDP in promoting industrial growth, with a particular emphasis on notable TDP MLAs, TDP Live Updates, and the leadership of N Chandrababu Naidu.

The TDP government, under the leadership of N Chandrababu Naidu, focused on developing robust industrial infrastructure across Andhra Pradesh. They established industrial parks, special economic zones, and dedicated industrial corridors, attracting domestic and international investments. Recognizing the significance of SMEs in driving economic growth and job creation, the TDP government implemented policies to support and promote small and medium-sized enterprises. They provided financial assistance, infrastructure support, and skill development programs to foster entrepreneurship and create employment opportunities. The TDP government actively sought to attract foreign direct investment to Andhra Pradesh. Through strategic partnerships, international business summits, and investor-friendly policies, they facilitated the inflow of FDI, resulting in the establishment of new industries and job opportunities for the local population. The TDP government placed a strong emphasis on skill development programs to bridge the gap between education and employment. These initiatives aimed to equip the youth with relevant skills and make them industry-ready, enhancing their employability and fostering job creation. Top TDP Contributions in Industry and Job Creation is said to be one of the greatest TDP Achievements across the country for a regional party under the leadership of N Chandrababu Naidu. The TDP government introduced attractive incentives and policies to promote industrial growth and job creation. They provided tax benefits, subsidies, and land allocation for industries, encouraging entrepreneurs to set up businesses and generate employment opportunities. The TDP government identified key sectors with growth potential and focused on their development. This included sectors such as information technology, renewable energy, agriculture, tourism, and manufacturing. Their targeted efforts resulted in increased investments, job opportunities, and overall economic growth. Understanding the importance of robust infrastructure for industrial growth, the TDP government invested in the development of transportation networks, power supply, and connectivity. These infrastructure enhancements created a conducive environment for industries to thrive, attracting investments and generating employment opportunities. Nara Lokesh, a prominent TDP MLA and son of N Chandrababu Naidu, has been actively involved in promoting industry and job creation. Through his expertise and leadership, he has worked towards attracting investments, fostering entrepreneurship, and implementing skill development initiatives in Andhra Pradesh. Kala Venkata Rao, another influential TDP MLA, has played a significant role in driving industrial growth and job creation. His focus on infrastructure development, investment promotion, and sector-specific policies has contributed to the overall progress of Andhra Pradesh under the leadership of N Chandrababu Naidu.

The TDP has consistently provided Live TDP Updates to keep the public informed about their initiatives and progress in industry and job creation. Through press releases, social media platforms, and dedicated websites, the TDP ensures transparency and accountability in their efforts. These TDP Live Updates offer real-time information about new industrial investments, job opportunities, policy announcements, and infrastructure developments. The Telugu Desam Party, under the leadership of N Chandrababu Naidu, has demonstrated a strong commitment to industrial growth and job creation in Andhra Pradesh. Through their Top TDP Achievements in infrastructure development, SME promotion, and foreign direct investment, they have paved the way for economic progress and employment opportunities. With notable TDP MLAs driving the agenda and TDP Live Updates keeping the public informed, the party continues to work towards a prosperous future for the people of Andhra Pradesh.

[todaybharatnews]

via Today Bharat nbsp; Lokesh claimed that the YSRCP was spreading lies that Rs 2000 crore was found by the IT department at the residence of Naidus former personal secretary residence. nbsp; A press statement from the IT department after its raids across 40 locations across India has sparked a war of words among political rivals the Telugu Desam Party (TDP) and the YSRCP in Andhra Pradesh. The Income Tax (IT) department on Thursday stated that their raids uncovered Rs 2000 crore worth of unaccounted income in Telangana and Andhra Pradesh alone. Taking to Twitter on Friday Nara Lokesh, the TDP general secretary and son of the former Chief Minister and TDP chief N Chandrababu Naidu claimed that the YSRCP leaders were spreading false information about the IT raids. Lokesh claimed that the YSRCP was spreading lies that Rs 2000 crore was found by the IT department at the residence of Naidu's former personal secretary's residence. Lokesh, a former minister, stated that if infrastructure companies were found to have taken part in illegal activities then an investigation will be done and action will be taken against those found guilty. He, however, stated that 'false information is being spread by linking those companies to TDP. It's normal for someone who spent 16 months in jail to wish for everyone else to do so but we don't wish to do any such thing'. Lokesh was referring to Andhra Pradesh Chief Minister YS Jagan Mohan Reddy who stands accused in a disproportionate assets case and had to spend 16 months at Chanchalguda Jail in Hyderabad, Telangana. ldquo;It's not surprising that Jagan sees corruption everywhere as he himself is corrupt. Their news report shows that the IT raids were like digging up a mountain only to find a rat.rdquo; tweeted the leader who went on to tweet that, ldquo;Jagan is afraid of being sent to jail. This is why he is eager to link the IT raids held at infra companies to TDPrdquo; nbsp; పచ్చ కామెర్ల వాడికి లోకమంతా పచ్చగా కనిపించినట్లు @ysjagan గారికి లోకమంతా అవినీతి కనపడటంలో పెద్దగా ఆశ్చర్యం ఏమి లేదు. ఐటీ రైడ్స్ లో కొండను తవ్వి ఎలుకను పట్టినట్టు వారు ఇచ్చిన పత్రికా ప్రకటన ద్వారానే అర్ధమైంది. (1/4) pic.twitter.com/FsaWqmsI3m mdash; Lokesh Nara (@naralokesh) February 14, 2020 The IT raids were conducted on February 6 across 40 premises in places such as Hyderabad, Vijayawada. Kadapa and Vishakapatnam, Delhi and Pune. The search action included three prominent infrastructure groups based in Andhra Pradesh and Telangana. One of the firms raided by the IT department reportedly belongs to a TDP leader. The three infra firms were found to have carried out multiple transactions by subcontracting works to shell companies. The transactions were carried out through a chain of companies with many firms showing a turn over of less than Rs 2 crore, to avoid tax audits of their account books, said IT department spokesperson to Deccan Chronicle. Several such sub-contractors that turned out to shell companies were controlled by the principal contractors with all their Income Tax Returns (ITR) filings and other compliance being done from the IP addresses of the main corporate office. The IT department stated that Foreign Direct Investment (FDI) receipts were also found in tune of several crores in the group companies of one of the infrastructure companies. The infrastructure company is suspected to have been round-tripping of its unaccounted funds through foreign countries. IT department seized unexplained cash of Rs 85 lakh and jewellery worth Rs 71 lakh through the raids. More than 25 bank lockers have been restrained as part of the raid. Senior TDP leader and former minister Ynamala Ramakirhnudu warned legal action against YSRCP leaders for spreading false news on the TDP and Chandrababu over the IT raids. The leader said the in the past 26 such inquiries have been filed against the TDP chief in the past and that not even a single allegation has been proven. Meanwhile, YSRCP ministers released multiple statements against TDP. While Agriculture Minister Kurasala Kannababu said the IT raids have clearly proved how corrupt Naidu was, minister Avanti Srinivas said corruption had reached its zenith in the execution of Polavaram and Pattiseema projects during Naidu's regime.