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Naidu Promises Mega Investment Of Rs 60,000cr In Rural Economy
Naidu Promises Mega Investment Of Rs 60,000cr In Rural Economy
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By Elets News Network 10-March-2004
| The Telugu Desam Party (TDP) has promised to invest Rs 60,000 crore in the next five years for the development of rural and agriculture infrastructure. |
| Releasing a 40-page election manifesto for the forthcoming Lok Sabha elections, party supremo and chief minister N Chandrababu Naidu said that his government (if it comes to power) would concentrate on speedy development of rural infrastructure covering irrigation, agriculture and allied sectors such as poultry, dairy, food processing and aqua products. Interestingly, the manifesto does not speak on the party's relationship with the NDA or with the BJP. It has promised to set up a Rs 200 crore market stabilisation fund to support farmers during times of falling prices of agri commodities. Irrigation will get about Rs 30,000 crore which would involve conversion of Polavaram and Ichampally projects into national projects.This apart, the rural areas will get about Rs 4,000 crore for creating drinking water resources. On power sector, the manifesto has promised to spend about Rs 400 crore to undertake electrification of habitations besides Rs 7,000 crore to offer quality power at affordable rates. There is also a promise to increase the road density to 0.85 km/sq km with an investment of Rs 12,284 crore. This would cover about 7,500 habitations and link 75,000 km of rural roads. Mr Naidu has also assured free and compulsory education till the age of 15 years and computer education from ninth standard. He has vowed to eradicate child labour from the state and provide vocational training to about four lakh students. Although the party has prefered not to make any announcement for Telengana, it has proposed setting up of a backward area development council taking each mandal as a unit for development. It has also planned to draft a comprehensive plan for development of backward villages under the programme which will take up various activities including education and health. |
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