AP Cabinet Gives Green Light To Kadapa Steel Plant and Other Proposals

Having felt somehow done wrong by when the Union Government in New Delhi failed to show its support in helping establish a steel plant in Kadapa District, a proposal that was part of the Andhra Pradesh Reorganisation Act, 2014, the Andhra Pradesh Cabinet today gave their nod to the project, as well as to two more proposals. The other two projects were the setting up of a Mega Industrial Park in Prakasam District by the allotting of 2,400 acres of land for the project, to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC), and the setting up of Metro Rail services in Vishakapatnam through a private-public-partnership (PPP) which is expected to cost Rs. 8,300 crores.


The Government in New Delhi has remained unreasonably cool to requests for development from Andhra Pradesh, and so the state cabinet has given the approval necessary to get these projects started following the delay experienced in waiting for approval and assistance from the Modi Government. With reference to the Kadapa Steel Plant, the Central Government had withdrawn its earlier support, claiming that the project was not financially viable, even though the state agreed to pay half of the cost of its building, a state-federal partnership that was not part of the original agreement.


Now, with the blessings of the cabinet, this project will go ahead without any assistance from New Delhi, helping to turn Andhra Pradesh into even more of a technological and manufacturing destination that it has become over the last few months with numerous national and multinational companies signing MoUs and wanting to set up bases of operation in the state.

Related Articles

Leave A Reply

Your email address will not be published.