8 months ago

Andhra Pradesh Initiatives for Communities

Andhra Pradesh Initiatives for Communities
AP To Establish EWS Cooperative Credit Societies: Minister Savita · deccanchronicle.com

The government of Andhra Pradesh has announced plans to set up cooperative credit societies for economically weaker sections (EWS) and Kapu communities.

This initiative aims to create at least one entrepreneur in every household.

The budget for 2025–26 includes significant funds for these communities, with a large portion allocated to the Kapu community.

Additionally, the government has renamed Penugonda to Vasavi Penugonda and officially observes Vasavi Kanyakaparameshwari Mata Atmarpana Day, which has been welcomed by the Arya Vaisya community.

The Arya Vaisya community appreciates the government's initiatives, including the renaming of the town and the official observance, which respect their sentiments and long-standing demands.

The community values the government's commitment to their welfare and recognition.

Key facts

State
Andhra Pradesh
Minister
S. Savita, TG Bharath
Budget Allocation (2025–26)
₹10,608.61 crore
Kapu Budget Allocation
₹4,884.83 crore
Renamed Town
Penugonda to Vasavi Penugonda
Observance
Vasavi Kanyakaparameshwari Mata Atmarpana Day

Quotes

Kolusu Parthasarathy

Minister for Information and Public Relations and Housing in Andhra Pradesh

“The state is emerging as one of the most investor-friendly destinations in the country, and industrialists should capitalize on the favourable environment.”
thehansindia.com
“All industrial approvals would be granted within 21 days through the Single Window system, ensuring the ‘Speed of Business’ promised by Chief Minister N Chandrababu Naidu.”
thehansindia.com

P Krishnayya

Chairman of the Andhra Pradesh Pollution Control Board

“Initiatives to promote industrial growth while ensuring a pollution-free state, including new recycling policies and incentives of up to 45 per cent for recycling units.”
thehansindia.com

Tammireddy Siva Shankar Rao

Chairman of the MSME Development Corporation

“MSMEs today operate not just locally but as part of the global supply chain.”
thehansindia.com

Sources

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