Andhra Pradesh CM Praises Citizens for Impressive Growth Rate
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Synopsis
Andhra Pradesh CM N. Chandrababu Naidu congratulated the citizens for achieving the second-highest growth rate in India for 2024-25, marking 8.21%. The growth reflects improvements in multiple sectors, backed by new industrial policies and significant investments.
Key Takeaways
- Andhra Pradesh achieved a 8.21% growth rate.
- Recognized as the second-highest in India.
- Growth driven by multiple sectors including manufacturing and agriculture.
- Government's initiatives aim for a business-friendly environment.
- New policies are focused on investment and job creation.
Amaravati, April 6 (NationPress) The Chief Minister of Andhra Pradesh, N. Chandrababu Naidu, extended his congratulations to the residents of the state for achieving the second-highest growth rate in the nation for the fiscal year 2024-25.
Taking to ‘X’, the Chief Minister emphasized that Andhra Pradesh is on an upward trajectory.
According to the most recent statistics from the Ministry of Statistics & Programme Implementation, Government of India, our state has recorded an impressive 8.21 percent growth rate for 2024–25, marking it as the second highest in the country, trailing only Tamil Nadu at 9.69 percent. In under a year since the government was formed, our initiatives have transitioned Andhra Pradesh from a condition of hardship to one of growth and renewed optimism,” he stated.
“This advancement is attributed to a widespread recovery in agriculture, manufacturing, and services, coupled with significant investments in sectors such as IT, electronics, automobiles, and renewable energy. I commend the people of Andhra Pradesh for this collective success. Together, let’s continue striving for a brighter future,” he remarked.
The data from the Ministry of Statistics and Program Implementation underscores that Andhra Pradesh has achieved a remarkable 8.21 percent growth rate, positioned just behind Tamil Nadu, which leads with 9.69 percent. This growth is particularly pronounced in the manufacturing, services, and agriculture sectors.
The state government is committed to nurturing a business-friendly climate through streamlined processes, transparent regulations, and investor-focused policies.
Moreover, the state has been acknowledged as a leading performer in executing the Business Reforms Action Plan (BRAP).
The government asserts that under the leadership of Chandrababu Naidu, efforts are underway to elevate Andhra Pradesh to the top position among Indian states. Since taking office for the fourth time in June 2024, he has been making decisive moves to effectively tackle key challenges, aiding the state in bouncing back from the difficulties experienced under the previous administration.
The government highlighted that reforms instituted by the coalition government under Naidu’s guidance are reportedly yielding beneficial results. To further attract industries, the state government has introduced three new industrial policies designed to enhance investment, generate job opportunities, and promote sustainable development.
The government claims that the Rs 8 lakh crore in investments and the creation of five lakh job opportunities over the past ten months serve as concrete evidence of the ongoing progress in the state.
According to the government, the state is on a solid path to maintain its growth momentum and become a prominent engine of economic development for the nation.
