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Industrialists in Andhra Pradesh hail Interim Budget focus on health, infrastructure and agriculture
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Westinghouse Electric Company Donates Medical Equipment Worth INR 63 Lakhs to Government General Hospital, Srikakulam, Andhra Pradesh, Supported by CII and Cyient Foundation
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‘Emphasis on Concept Cities will bring greater private investments to the State’
The Andhra Pradesh chapter of the Confederation of Indian Industry (CII) has hailed the annual State Budget for the financial year 2021-22 with an estimated expenditure of ₹2.29 lakh crore.
In a statement on Thursday, its Chairman D. Tirupathi Raju said the government’s focus on welfare initiatives was a welcome step in view of the prevailing COVID-19 pandemic.
He said allocations made for welfare schemes would create demand for various goods and services.
Children Budget
Referring to the Gender and Children Budget, with a greater focus on measurable outcome on the money spent for children and women, he called it a step in the right direction.
Plan to encourage local players in defence procurement, says scientist
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‘₹70,000 crore was earmarked in the Budget for acquisition from indigenous sources’
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‘₹70,000 crore was earmarked in the Budget for acquisition from indigenous sources’
The defence sector, especially research organisations such as DRDO, is opening up and it is being done in tune with the concept of Atmanirbhar Bharat said Director General Naval Systems and Materials, DRDO, Samir V. Kamat.
The distinguished scientist was here to deliver a talk on ‘Ease of doing business: Atmanirbhar Bharat’, organised by the Confederation of Indian Industry (CII) here on Friday.
He pointed out that as part of the opening up of the sector to the private players, the Defence Acquisition Procedure -2020 was drafted to simplify the hitherto cumbersome trial procedure and bring down the time taken in decision making.