August 16, 2019

  Hon'ble Chief Minister Shri Jagan Mohan Reddy cites strong U.S partnership as a critical element in Andhra Pradesh's future growth 

The U.S. - India Business Council and the Atlantic Council's South Asia Center held an exclusive business roundtable discussion in Washington, D.C with Shri YS Jagan Mohan Reddy, Chief Minister of Andhra Pradesh today. 

This exclusive business roundtable in collaboration with Georgetown University focused on opportunities to strengthen connectivity between United States and Andhra Pradesh and laid the foundation for investment and trade opportunities between Andhra Pradesh and United States. Ambassador of India to the United States Harsh V Shringla set the context for the engaging discussions and introduced the Hon'ble Chief Minister and his vision to an audience comprising of leading business houses, educational institutions and think tanks. 

Leading companies were upbeat on Andhra Pradesh's promise of rapid economic growth and appreciated Chief Minister Jagan Mohan Reddy's impressive mandate for unlocking the expansive growth potential of Andhra Pradesh. With a strong mandate from the people of Andhra Pradesh, Chief Minister Jagan Mohan Reddy will have an opportunity to usher in a era of inclusive growth, rapid development and strategic leadership for Andhra Pradesh. 

Speaking at the business roundtable, Shri Jagan Mohan Reddy "complemented the USIBC for working with the Government of India to identify the '5 big ideas' that will catalyze the US-India Economic Partnership and welcomed the USIBC to work with Government of Andhra Pradesh to also identify '5 big ideas' to catalyze the US - Andhra Pradesh Economic Partnership". 

"Andhra Pradesh is poised to catalyze investments, capital and partnerships owing to robust infrastructure for connectivity, enabling policies, integration with global value chains, shifting demographic dividend and a ready work force" the Chief Minister added. 

Chief Minister Jagan Mohan Reddy said that the Government of Andhra Pradesh and USIBC can prepare a roadmap to achieve investment and trade targets especially in the areas of agriculture and food security, healthcare, education, infrastructure and manufacturing. The Chief Minister also welcomed U.S companies to expand meaningfully their CSR activities in India. 

The audience were introduced to the Government of Andhra Pradesh's governance and development model, built on nine assurances called 'Navaratnalu' namely support to farmers (Rythu Bharosa), irrigation development (Jala Yagnam), incentives to mother for child education (Amma Vodi), scholarship for higher education, women empowerment (YSR Asara/YSR Cheyutha), social safety net through pensions (Pensionla Pempu), housing for poor (Pedalandariki Illu), quality healthcare for all (Arogyasri) and ban of alcohol.

The Chief Minister is also committed to strengthen the human, physical, natural and financial resources, though the launch of several programs based on a four pronged approach towards transformational governance. - Driving economic growth - Investment in the future and human potential - Creating a social safety net for its people - Transforming governance 

The state under his dynamic leadership will provide stability and predictability, political will, transparent policies, strategic direction and governance, which will attract investments and capital to the state of Andhra Pradesh 

Speaking to global investors, Chief Minister Shri Y S Jagan Mohan Reddy laid his emphasis on delivery of corruption free governance, bringing transparency in procurement and contract management and providing investor-friendly experience through one-stop handholding of investors across the implementation lifecycle. 

The Chief Minister renewed focus on the economy includes Improving productivity, bringing value addition & innovation in the agriculture sector, doubling the manufacturing growth, enhancing trade through strong infrastructure - ports, airports, and industrial corridors, providing universal health care, ensuring education for all, building a pool of skilled workforce, decentralized people-centric governance - village secretariat and volunteers, building a transparent government procurement system, and facilitating low cost of doing business.

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