KCR Promises 3 Lakh Acres for Industry in Telangana

HYDERABAD: Chief Minister K Chandrashekar Rao said that the government will come up with a “zero corruption” industrial policy shortly and the same will be propagated all over the world.

At a meeting with a US delegation at Secretariat on Friday, the Chief Minister said that around three lakh acres of land will be made available for industrial use in the state.

A delegation from USA led by Arun M Kumar, director general of the US and Foreign Commercial Service and Assistant Secretary for Global Markets, US Department of Commerce, called on the Chief Minister.

The Chief Minister said that around three lakh acres of land for industrial use would be made available to prospective industrialists in Telangana to create an excellent infrastructure facility on these lands.

Chandrasekhar Rao said that Telangana would be the best state for investment. A chasing cell would be created in his office for expediting clearances to the proposals of industrialists and clearing it with in two weeks.

Rao said that Hyderabad which is seismologically a safe zone was a best place for investment.

The US delegation mentioned that they were interested in aviation and defence areas. When Michael Mullins, Consul General, mentioned that they would be constructing shortly their office in Hyderabad, the Chief Minister said that they could add beauty to Hyderabad by constructing an excellent building which should be number one among Consulate offices in the country.

Rao assured them that necessary permissions will be accorded immediately.

The Chief Minister and the delegation discussed the possibilities of organising a joint Indo-American summit some time later this year. The Chief Minister also requested the delegation to include Hyderabad in the schedule of US President Obama as and when he visits the country.

The other members of the delegation were John M McCaslin, Minister Counsellor for Commercial Affairs US Commercial Service, Michael Mullins, Consul General, US Consulate General, Vinay Singh, senior advisor to the Assistant secretary for Global Markets, Satya Prabha, Commercial Specialist and Office Director, US Commercial Service, Department of Commerce US Consulate General, Hyderabad.

IT Minister KT Rama Rao and advisor KV Ramana Chary were also present.

source: The New Indian Express

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