K T Rama Rao the Minister for IT and Industries stated that the Centre’s claims of providing Rs 20 lakh crore under Aatma Nirbhar Bharat package for industrial promotion to overcome the adverse impact of the Covid-19 pandemic is false.
“No body knows what happened to the Rs 20 lakh crore package. Telangana did not get any benefit under the package. Only some street vendors received loans up to Rs 10,000 each,” he said.
KTR was responding to the questions raised in the Assembly on the eve of the Budget session.
Rama Rao said approvals were issued for establishment of 15,326 industries in the State under TS-iPASS in the last six years. Investments worth Rs 2.13 lakh crore were attracted to the State under the scheme, creating about 15.52 lakh jobs through both direct and indirect employment.
So far, 11,954 industries have commenced their operations with an investment of around Rs 97,405 crore. Around 7.67 lakh persons are employed in these industries at present KTR explained.
The IT Minister said the State government was committed to decentralisation of industrialisation and was promoting establishment of industries in backward regions of the State by offering additional incentives.
