Cabinet accords financial sanction to HNSS project works
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Nod for Industrial Electronics Policy; disbursement underneath Rythu Bharosa on May 13
The State Cabinet, presided over by Chief Minister Y.S. Jagan Mohan Reddy, has given its nod to the A.P. Industrial Electronics Policy and financial sanction to the Handri Neeva Sujala Sravanthi Project phases 1 and a pair of, and administrative and financial sanctions to create infrastructure on the Krishnapatnam Port as part of the Chennai-Bengaluru Industrial Corridor.
Minister for Information and Public Relations Perni Venkataramaiah informed the media at Velagapudi on Tuesday that the Cabinet additionally permitted the choice to credit score ₹4,050 crore instantly into the financial institution accounts of the farmers underneath the YSR Rythu Bharosa – PM Kisan on May 13.
The variety of beneficiaries underneath the scheme was now elevated to 54 lakh with the inclusion of tenant farmers of BC, SC and ST communities.
Under YSR Bima, ₹2,589.60 crore could be credited into the financial institution accounts of 38.30 lakh farmers in order to insulate them from the losses suffered in kharif 2020.
The YSR Matsyakara Bharosa envisions annual cost of ₹10,000 to 1.30 lakh beneficiaries with an outlay of ₹130.46 crore.
The different choices included amendments to the A.P. Education Act of 1982, enabling the federal government to take over non-public aided academic establishments and cancelling all of the sanctioned aided posts, and ratification of the A.P. Private Universities Act of 2016.
MoU with CBSE
The authorities additionally determined to signal an MoU with the CBSE, offering its affiliation to 44,369 colleges.
Administrative approval was accorded to receive a World Bank mortgage of $250 million for ‘Supporting Andhras Learning Transformation’.
The Cabinet additionally resolved to develop YSR Engineering College at Produttur together with Yogi Vemana University in Kadapa. Two instructing posts had been sanctioned. Six non-teaching posts too had been sanctioned underneath the outsourcing class. Sanction was additionally given to set up a Government Degree College at Vempalle.
Revival of sick dairies
The Cabinet additionally resolved to revive the AP Dairy Development Federation and the sick dairies that had been closed.
The Cabinet additionally determined to arrange a Veterinary Polytechnic College at Srikakulam. A budgetary allocation of ₹9.95 crore was additionally made for it. It was additionally determined to set up a Veterinary Polytechnic College at Chittoor.
The Cabinet additionally resolved to present Viability Gap Funding of ₹20 crore for TruJet airline for working the Chennai-Kadapa-Vijayawada companies for yet another yr, and alter the title of airport in Kurnool to Uyyalavada Narasimha Reddy Airport.
The Cabinet additionally resolved to allot 66.49 acres to Greenlam South India Limited within the Industrial Park at Naidupet in Nellore district at a price of ₹67.10 lakh per acre. The agency could be investing ₹595 crore, offering direct employment to 400 individuals and oblique employment to 450 others.
The Cabinet additionally permitted financial sanction of ₹1,148 crore for creation of infrastructure at Krishnapatnam Port.
While approving the Electronics Policy, the Cabinet stated it expects $ 400 million value manufacturing. The Cabinet additionally permitted a world-class greenfield Electronics Manufacturing Cluster in Kadapa district that would offer jobs to 39,000 folks.
A call to create infrastructure from Kailasagiri to Bhogapuram International Airport was additionally taken.
Administrative sanction was given to Handri Neeva Sujala Sravanthi Phase 1 works to be taken up at an estimated value of ₹6,182 crore. Under Phase 2, works at a price of ₹9,318.14 crore could be taken up. The Cabinet additionally determined to raise water from the useless storage stage and sanction works pertaining to the Yeleru Tandava Canal Link.
The Cabinet additionally determined to give administrative sanction to the Polavaram project for works pertaining to the development of earth dam, spillway channel, method channel, pilot channel, and hydro electrical energy home.
It additionally permitted the choice to go for mortgage to implement the YSR Palnadu Drought Mitigation Project with an outlay of ₹2,746 crore.
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