C B N Encouragement To The Startups In A P

September 19, 2014

Innovation & Start-up Policy 2014-20 to encourage new ideas, new entrepreneurs and new industries.

Promotion of entrepreneurship has always been close to CBN’s heart. His Government released the country’s first-of-its-kind Innovation and Start-up Policy 2014-2020 that aims to:
· Create an ecosystem to produce an entrepreneur in every family and at least one homegrown billion-dollar technology startup
· Help establish 5000 start-up companies
· Enable 100 incubators
· Mobilise Rs 1,000 Crore venture capital and offer shared infrastructure, accelerators/incubators, human capital and funding for startups
· Create an initial innovation fund of Rs 100 Crore for entrepreneurs and businesses
· Encourage techno-preneurs by having universities introduce the concept of student entrepreneur in residence, popularly known as gap year
· Launch district-level competitions for business ideas for students from 8-10th standards with a maximum grant of Rs 25,000 per idea. A maximum of 50 ideas each year would be facilitated

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September 19, 2014

Light from ‘Deepam’ will brighten up many more lives…
3 lakh new gas connections to be given…

· State Government is undertaking a massive task to give 3 lakh new gas connections to eligible beneficiaries
· Rs. 80 Crore has been allocated for this purpose
· Number of public services related to the Civil Services department offered at Mee Seva has been increased from 4 to 11
· Bogus cards that have led to losses to the tune of Rs.1000 Crore to the State’s exchequer will be identified and weeded out
· 18 lakh bogus cards have already been identified
· Linkage of ration cards with AADHAAR to be completed soon

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September 19, 2014

“I will complete Thotapalli Project within a year!”

- CBN at a public event in Srikakulam

Thotapalli Project was finalized during the Telugu Desam regime in 2003. Ten years ago, the previous government undertook the project under ‘Jalayagnam’ but made no progress – courtesy its corrupt practices and gross negligence of the needs of farmers. CBN is all set to revive the project and complete in record time.

Highlights of Thotapalli project:

· To be constructed on Nagavalli river

· Stabilisation of 64,000 acres

· Irrigation potential of 1.2 Lakh Acres

· Water storage capacity of 2.67 TMC

· Mandals benefitted: 10 in Srikakulam and 12 in Vizianagaram