Andhra Pradesh Cabinet offers sops to cine theatres DECCAN CHRONICLE.
Updated Dec 19, 2020, 1:37 am IST
Through this package, A and B class theatres can avail working capital loans of Rs. 10 lakh while C class can get Rs. 5 lakh
The government has decided to waive fixed power charges of theaters for three months (April, May, and June).
VIJAYAWADA: A meeting of the Andhra Pradesh Cabinet, presided over by Chief Minister Y. S. Jagan Mohan Reddy, has approved a package for restarting the film industry.
Disclosing details about cabinet decisions, information minister Perni Venkataramaiah alias Nani said many theaters closed in March are yet to reopen. Hence, the government has decided to waive fixed power charges of theaters for three months (April, May, and June). Further, payments for six months have been postponed for multiplexes and other theaters. This would benefit 1,100 theaters across the state.
AP Cabinet Meeting Highlights: New Tourism Policy, Input Subsidy For Crop Damage Approved Dec 18, 2020, 18:13 IST
AMARAVATI: The State Cabinet, chaired by Chief Minister YS Jagan Mohan Reddy, has approved the new tourism policy, given the nod for paying input subsidy in one month of crop damage and to amend the State Survey and Boundary Act among other issues.
Briefing the media here on Friday after the cabinet meeting, Information &Public Relations Minister Perni Venkatramaiah said that incentives will be provided to the projects investing in the State. Tourism projects with over Rs 400 crore would be called Mega Tourism projects. The incentives include, 100 percent subsidy in SGST, 100 percent reimbursement of Stamp Duty, electricity at Rs 2 per unit and 100 percent waiving of land use conversion charges and the like. The cabinet also approved to increase the land lease period from 33 years to 99 years for mega projects in the tourism industry.
Updated:
Counselling from January 4, classes likely from second week
Share Article
AAA
Counselling from January 4, classes likely from second week
Gurram Vamsi Krishna, a student of the AP Model School at Dachepalli in Guntur district, came first in the Rajiv Gandhi University of Knowledge Technologies (RGUKT) Common Entrance Test - 2020 by securing 99 out of 100 marks.
Education Minister Adimulapu Suresh released the results of the test at a press conference here on Saturday. P. Zakir Hussain from Kadapa district and I.S. Arya Yugandhar from Dolepet Zilla Parishad High School, Rajam, secured the second and third places respectively.
The Minister said the RGUKT had to deviate from its regular practice of admitting students based on their 10th class marks this year due to the COVID-19 pandemic that necessitated cancellation of the 10th class exams and conduct of CET to identify merit students.