Vijayawada: If chief minister Andhra Pradesh chief minister Y S Jagan Mohan Reddy has his way, the state’s industrial policy will be turned on its head. To promoters, this will mean that the long process of setting up a facility in Andhra Pradesh will begin, not end, with an environmental impact assessment. And the final nod will depend on the promoters’ commitment to a clean and safe environment.
Chairing the first State Investment Promotion Board (SIPB) meeting here on Friday, Jagan Mohan Reddy said while ‘green projects’ will get automatic clearances, those falling in the red and orange categories will be processed in a new format. The new policy will focus on achieving twin objectives: timely completion and safe environment.
