Andhra Pradesh, a state without the capital, is zooming to achieve the target of 12 per cent annual growth rate. Backed by good performance by agriculture and allied sectors, the state posted a 9.72 pc growth in first quarter and 13.94 pc in the second. And the performance in the first half reached 11.77 pc against the target of 10.62 pc. This is according to the “Quarterly Performance Assessment Report Q2 (July-September) 2015,” released by chief minister Chandrababu Naidu today in the Collectors’ conference held at Vijayawada.
The state government is currently working on the comprehensive Double Digit Growth Plan to achieve a per-capita income over Rs. 10 lakh by 2029-30.The growth target for 2015-16 at constant prices stands at 10.8%. There is a swift upward surge in the Agriculture & allied sectors which have registered a phenomenal growth rate at 47.1% at Constant prices. Fisheries and Livestock are the main contributors for the significant growth not only in Agriculture but also to overall GSDP.
In its innovative approach, Andhra Pradesh government has initiated the process of releasing estimates of the state economic aggregates on a quarterly basis on par with the Central Statistical Organization, Government of India. Elaborating on the Vision 2029, the Chief Minister said that Andhra Pradesh must be developed as the best state in the country by 2029 and best destination in the world by 2050. For this, registering double digit growth is an important step towards achieving inclusive growth and bringing about a structural change in the economy, he said.
The Chief Minister said that the interlinking of river is the biggest achievement of the government. By providing 8 TMCs of water, we were able to save over 8 lakh hectares of land, he said. He also complemented the officials for the successful implementation of government’s Neeru-Chettu programme. He cited Chittoor and Nellore districts as an example, where the groundwater levels were effectively recharged. The Chief Minister congratulated the Energy Department for bagging awards in effective power management. He suggested other departments to set global benchmarks to achieve better results.
