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CM’s I- Day speech promises development, but skip’s inflation

Posted by on August 15, 2011 0 Comment

Hyderabad: Chief Minister N Kiran Kumar Reddy skilfully dodged the topic of inflation and the measures that the government was taking to control the rising prices.

In his maiden speech as the Chief Minister on the 65th Independence Day celebrations held at Parade Grounds on Monday, Kiran Kumar Reddy simply skipped the issue of inflation. He also did not name any new scheme on the occasion. In his customary long speech, he did not speak about steps on how he would prevent the common man from being burdened from the proposed increase in the Value Added Tax on almost all essential items.

Kiran Kumar Reddy also did not mention anything about the recent Crop Holiday declared by farmers in East Godavari district. The Khammam district farmers have also announced a similar crop holiday recently.

However, he spoke at length on his ambitious plans. The State Government would spend of Rs 2000 crore on the development of the old city of Hyderabad and Rs 68oo crore have been allotted for developing Outer Ring Road. He also announced of a new system that would remove corruption in government offices.

The Chief Minister said Rs 8400 crore would be spent to provide sustenance to 68 lakh poor families during 2011-2012. Houses would be built for poor under Rajiv Awas Yojana at a cost of Rs 9000 crore. Under a different head Indiramma houses would be constructed for the poor at a cost of Rs 2300 crore this year. Besides, houses would be built in the slums at a cost of Rs 1500 crore.

Women’s welfare also topped his list of promises. Loans to the tune of Rs 9,000 crore for women self help groups under Pavala Vaddi, a Special Budget of Rs 1000 crore would be allotted to set up a Special Finance Department exclusively for women and allotment of 50 percent reservations to women in the local bodies. All these measure are sure to appease the women of all ranks.

The government has decided to extend reservations to the backward classes and minorities for another 10 years and to appoint one lakh youth in different government departments which was described as a historic record. A new recruitment policy will come up, which will ensure appointment of merit candidates in the government departments. A new Haj House on 10 acres will come up at Shamshabad at the international airport to accommodate minority study circle at a cost of Rs 12.5 crore.

The state industrial promotion board has sanctioned 26 industrial units to be set up at a cost of Rs 51 crore. On the irrigation front, the government has fixed a target to irrigate 36 lakh acres by supplying water by any means. The government has also decided to construct godowns to store 25 lakh metric tonnes of grains at a cost of Rs 1000 crore. (INN)

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