There is lot of curiosity in political and industry circles over Jagan Circar’s efforts to attract investors and industrialists to set up companies in Andhra Pradesh. What aspects of Andhra will CM Jagan highlight during his presentation at the coming Diplomatic Outreach event? Businessmen and MNCs look for ease of doing business and industry-friendly atmosphere to make their investments in any state.
Reports say that the Jagan Government is making a presentation on ‘Navaratnalu’ programme to the industrialists coming to attend the summit. This is throwing up a big challenge for the industry bodies in AP. Navaratnalu is all about huge Cash Transfer welfare schemes in which the future investors will not be interested much.
Moreover, there is the big hurdle in the name of 75 per cent jobs for locals in industries. This has already created negative mood leading to some existing industrialists trying to relocate to other states. More importantly, CM Jagan is shy of talking favourably about achievements in industry as he has not even mentioned a word about launch of first car from Kia Motors in Anantapur district. The Outreach event is described as one to attract investments in pharmaceuticals, automobile, electronics, medical and other sectors. Analysts say that serious planning is required on the part of Jagan Circar if it wants to get good results like in case of Partnership Summit held by Chandrababu regime.
