Budget - funds
Posted: January 20th, 2007, 3:50 am
CM to set stone for apparel SEZ
Hyderabad, Jan. 14: Chief Minister Y.S. Rajasekhar Reddy will set the foundation stone for Rs 1,000-crore MAS Holdings Textiles and Garments Unit at Chintavaram under Chill-akur mandal in Nellore district on January 16. The MoU for the project was signed on December 14. It is expected to provide employment to 30,000 people in the next five yeas. The Chief Minister will also set the foundation stone for the Indus Fila garment project at Hindupur on the same day. Indus Fila is a leading garment manufacturer based in Bangalore with units at Nelamangala, Peenya and Nanjangud near Mysore in Karnataka supplying garments to global sportswear such as Nike. The proposed investment is Rs 59 crores and employment potential is about 8,000.
Later, Dr Reddy would also set the stone for the proposed Apparel Special Economic Zone Project to be taken up by the K. Raheja Group at Industrial Park, at Hindupur over an area of 350 acres. The proposed investment over five years is Rs 250 crores and projected employment generation would be around 45,000.
How good is AP's budgret/revenue by region/destrict and by category?
While different region/districts keep commenting as if their area is neglected, do we have any statistics and are those available to the public to understand?
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