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Parchur to get shipbuilding industry
The New Indian Express Vishakapatnam
|April 02, 2025
CHIEF Minister N Chandrababu Naidu on Tuesday announced plans to establish a shipbuilding industry in Parchur of Bapatla district, along with key infrastructure projects aimed at boosting the region's economy.
Speaking at a public meeting, he outlined his vision for industrial growth, road development, canal modernisation, and agricultural market expansion.
During his visit, Naidu also reaffirmed his government's commitment to eradicating poverty through his P4 initiative, which integrates economic growth, financial inclusion, and social welfare.
He distributed pensions under NTR Bharosa scheme in Kothagollapalem village and highlighted a ₹33,100 crore annual allocation for pensions benefiting 63 lakh people.
Under his leadership, pensions have increased from ₹200 to ₹4,000, with additional support for dialysis patients and bedridden individuals, he said.
Naidu assured that the Telugu Desam Party (TDP) remains dedicated to backward classes, calling them the party's backbone.
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