Hyderabad: In the last five and a half months since he has become Chief Minister of Andhra Pradesh, Konijeti Rosaiah has been ill-at-ease managing one crisis after the other.
Despite being a senior political leader, and one who had been a minister for many years in different governments, Rosaiah somehow has been appearing “helpless” ever since the turmoil over the state bifurcation issue broke out in December last.
“None may believe, but really I am peaceful,” Rosaiah remarked in an informal chat with newsmen.
On the suggestion that he was sounding alike his predecessor Y S Rajasekhara Reddy, who too took things lightly, Rosaiah observed: “I am unlike him. He was young and had a different style of functioning.”
Referring to the ongoing crisis over the separate Telangana statehood demand, the Chief Minister said: “It is an issue that is not in my hands. So, I am not unduly perturbed.”
Rosaiah said there were a lot of issues where “we have to apply our mind.”
“Our main concern is the implementation of various welfare schemes. Besides, there are other issues like power supply which we should take care of,” he added.
Rosaiah, however, expressed concern over the way the state Legislature was functioning. “Over 50 per cent of the MLAs, from all parties, are youngsters. They are feeling irksome over the conduct of the House,” he pointed out.
The Chief Minister denied he was repeatedly “warning” his Cabinet colleagues about the threat of President’s rule being imposed in the state and also about the “collective responsibility.”
“You people write anything in the media. Two days ago one television channel ran a story that I had submitted my resignation. Yesterday someone else published a story that I sent a letter to Sonia Gandhi saying I can’t run the government anymore. Today someone wrote that the Legislative Council will be abolished,” Rosaiah pointed out and only laughed at such reports.
The Chief Minister hoped there would be no problem in getting state Budget for the year 2010-11 passed in the Legislature.
Wednesday, February 17, 2010
Saturday, February 13, 2010
AP's Fab City is gone
DESARAJU SURYA
Hyderabad: Andhra Pradesh’s dream project, the Fab City is gone. The state government issued orders for resumption of 78 acres of land allotted to SemIndia Fab Pvt Ltd as it “failed to fulfill any of the obligations in bringing investment and creating employment” at the proposed Fab City near Hyderabad. Andhra Pradesh wanted to emerge as the largest cluster of semiconductor manufacturing and entered into a memorandum of understanding with SemIndia Fab Pvt Ltd as the anchor industry. It was allotted 100 acres of land in 2007 as an investment of 75 million USD was promised in the first phase for an assembling, testing, marketing and packing plant (ATMP) with an employment potential of 2,000 within 18 months. In the second phase, an investment of 750 million USD was promised for setting up semiconductor chip manufacturing facilities with an employment potential of 1,000. The third phase plan was for an investment of 2.25 billion USD for an advanced semiconductor plant with employment potential of 5,000.
State Industries Principal Secretary B Sam Bob noted that SemIndia Fab failed to implement the project within the timelines as stipulated in the MoU. Sem India, in reply to a notice issued by the Andhra Pradesh Industrial Infrastructure Corporation, the nodal agency for implementing the Fab City project, stated that it spent only about 55 crore on the project so far, including construction of a building. “Thus, admittedly, there is violation of terms and conditions of the orders issued by the government and it was not rectified in spite of intimations from the APIIC /Fab City SPV (India) Ltd,” Sam Bob pointed out. SemIndia Fab Pvt Ltd informed APIIC, in reply to a show-cause notice, that the recent financial crisis has impacted all major companies globally, including the Semiconductor and Electronics Systems-related companies, and it would be rather difficult for new green filed projects like theirs to implement projects as per the planned schedule. Accordingly, the Board of Fab City SPV (India) Limited decided to resume 78 acres of land from SemIndia Fab and also fix December 2010 as the deadline for implementation of the project in the reduced extent of 22 acres. The state government today granted permission to APIIC to resume the land. With the Fab project gone, four clean technology companies -- Solar Semiconductor, KSK Energy Venture Limited, XL Telecom and Energy Limited and Surana Ventures Limited – are currently setting up solar cells and photovoltaic modules manufacturing facilities.
Hyderabad: Andhra Pradesh’s dream project, the Fab City is gone. The state government issued orders for resumption of 78 acres of land allotted to SemIndia Fab Pvt Ltd as it “failed to fulfill any of the obligations in bringing investment and creating employment” at the proposed Fab City near Hyderabad. Andhra Pradesh wanted to emerge as the largest cluster of semiconductor manufacturing and entered into a memorandum of understanding with SemIndia Fab Pvt Ltd as the anchor industry. It was allotted 100 acres of land in 2007 as an investment of 75 million USD was promised in the first phase for an assembling, testing, marketing and packing plant (ATMP) with an employment potential of 2,000 within 18 months. In the second phase, an investment of 750 million USD was promised for setting up semiconductor chip manufacturing facilities with an employment potential of 1,000. The third phase plan was for an investment of 2.25 billion USD for an advanced semiconductor plant with employment potential of 5,000.
State Industries Principal Secretary B Sam Bob noted that SemIndia Fab failed to implement the project within the timelines as stipulated in the MoU. Sem India, in reply to a notice issued by the Andhra Pradesh Industrial Infrastructure Corporation, the nodal agency for implementing the Fab City project, stated that it spent only about 55 crore on the project so far, including construction of a building. “Thus, admittedly, there is violation of terms and conditions of the orders issued by the government and it was not rectified in spite of intimations from the APIIC /Fab City SPV (India) Ltd,” Sam Bob pointed out. SemIndia Fab Pvt Ltd informed APIIC, in reply to a show-cause notice, that the recent financial crisis has impacted all major companies globally, including the Semiconductor and Electronics Systems-related companies, and it would be rather difficult for new green filed projects like theirs to implement projects as per the planned schedule. Accordingly, the Board of Fab City SPV (India) Limited decided to resume 78 acres of land from SemIndia Fab and also fix December 2010 as the deadline for implementation of the project in the reduced extent of 22 acres. The state government today granted permission to APIIC to resume the land. With the Fab project gone, four clean technology companies -- Solar Semiconductor, KSK Energy Venture Limited, XL Telecom and Energy Limited and Surana Ventures Limited – are currently setting up solar cells and photovoltaic modules manufacturing facilities.
Friday, February 12, 2010
Information Technology Investment Region in Andhra Pradesh
DESARAJU SURYA
Hyderabad: Andhra Pradesh, which is already a leading state in Information Technology and Information Technology-Enabled Services sectors, will develop an Information Technology Investment Region (ITIR) over 50,000 acres of land around Hyderabad.
The massive 25-year plan is aimed at attracting an investment of Rs 2.19 lakh crore in the IT\ITES sectors and create direct employment for 15 lakh youths.
Besides, it also holds promise for an indirect employment for 53 lakh persons.
State Chief Minister K Rosaiah recently approved the ITIR plan and it has been sent to the Government of India for sanctioning. AP will be the first state in the country to have an ITIR.
The ITIR would come up around Gachibowli, Mamidipalli and Maheshwaram areas in an extent of 50,000 acres spread over 200 sq km.
“The ITIR will enable us to step up our IT exports to Rs 2.35 lakh crore in the next 25 years,” according to the state IT Minister.
The state government would also like to develop a similar ITIR at Visakhapatnam. “We will plan it after the Hyderabad ITIR gets sanctioned by the Center,” the minister said.
There was some setback to the state government efforts to develop IT industry in Tier-2 and Tier-3 towns and cities like Warangal and Tirupati because of the global recession. “The recession has blocked some companies from coming to the state to set up shop here. But now things are looking up and we will go ahead with our plans,” he added.
“We already have many major IT companies with their Indian headquarters in Hyderabad. The US-based United Health Group has also started its Indian headquarters in Hyderabad recently,” the minister pointed out.
The state will also have a new Information Technology Policy in place. The existing policy, which came into force in 2005, would end in March 2010.
Hyderabad: Andhra Pradesh, which is already a leading state in Information Technology and Information Technology-Enabled Services sectors, will develop an Information Technology Investment Region (ITIR) over 50,000 acres of land around Hyderabad.
The massive 25-year plan is aimed at attracting an investment of Rs 2.19 lakh crore in the IT\ITES sectors and create direct employment for 15 lakh youths.
Besides, it also holds promise for an indirect employment for 53 lakh persons.
State Chief Minister K Rosaiah recently approved the ITIR plan and it has been sent to the Government of India for sanctioning. AP will be the first state in the country to have an ITIR.
The ITIR would come up around Gachibowli, Mamidipalli and Maheshwaram areas in an extent of 50,000 acres spread over 200 sq km.
“The ITIR will enable us to step up our IT exports to Rs 2.35 lakh crore in the next 25 years,” according to the state IT Minister.
The state government would also like to develop a similar ITIR at Visakhapatnam. “We will plan it after the Hyderabad ITIR gets sanctioned by the Center,” the minister said.
There was some setback to the state government efforts to develop IT industry in Tier-2 and Tier-3 towns and cities like Warangal and Tirupati because of the global recession. “The recession has blocked some companies from coming to the state to set up shop here. But now things are looking up and we will go ahead with our plans,” he added.
“We already have many major IT companies with their Indian headquarters in Hyderabad. The US-based United Health Group has also started its Indian headquarters in Hyderabad recently,” the minister pointed out.
The state will also have a new Information Technology Policy in place. The existing policy, which came into force in 2005, would end in March 2010.
Subscribe to:
Posts (Atom)