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CM directs Collectors to focus on wealth creation
The New Indian Express Vijayawada
|March 26, 2025
Lays emphasis on horticulture, aquaculture & manufacturing sectors
CHIEF Minister Nara Chandrababu Naidu has directed the District Collectors to focus on attracting private investments to fulfil the ambitious Swarnandhra Vision 2047.
Speaking at the Third Collectors' Conference at the Secretariat on Tuesday, Naidu emphasised that while 23% of development funds come from government support, the remaining 77% must be driven by private sector investments. He encouraged collectors to identify and promote projects that require Viability Gap Funding (VGF), promising that the government would increase funding where necessary to attract investments.
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