Telangana Finance Minister Etela Rajender today exhorted industrialists and businessmen to partner in the growth of Telangana.
The minister was addressing delegates at the International Conference on Composites Manufacturing Technologies and Applications at the Taj Deccan.
Etela said that though several industrialists and businessmen had been driven to confusion and fear during the statehood movement, the scene had changed in the three and a half years since the Telangana region had achieved statehood. The state's new industrial policy now granted all the requisite permissions for starting an industrial unit within a span of just 15 days, and the power crisis, too, had been resolved.
He further said that Chief Minister K Chandrashekar Rao had led from the front to ensure that the issues faced by industrialists prior to statehood being achieved were fully addressed, and that today Telangana was the only state in the country that had programs like the TS-iPASS and the 24-hour power supply scheme.
The minister noted that the steps taken by the government to ensure adequate power supply to industries had won the confidence of many, and that investments in various sectors were now pouring in thanks to hassle-free policies and a conducive investment atmosphere. He asked that businessmen and industrialists now come forward to help the government address the great challenge of providing employment to the youth.
He said that while the government was offering education, training and skills to the youth to help them get gainful employment, and providing subsidies to new companies and businesses to promote job creation, it still needed the support of the corporates in actually getting the youth employed.