Monday, February 3, 2025
HomeBusinessUnion budget is growth-oriented: Andhra CM Naidu 

Union budget is growth-oriented: Andhra CM Naidu 


Andhra Pradesh CM Chandrababu Naidu.
| Photo Credit: The Hindu

Chief Minister N. Chandrababu Naidu asserted that the Union Budget presented by Finance Minister Nirmala Sitharaman on February 1 was aimed at increasing the growth rate, for which various policy interventions were laid down. 

Under Prime Minister Narendra Modi’s leadership, India was poised to emerge as a developed country, he stated. 

Addressing media persons in New Delhi on Monday (February 3, 2025), Mr. Naidu said the world was now closely watching the fast progress being made by India and that he got a sense of it at the recent World Economic Forum, where he showcased the investment opportunities in Andhra Pradesh (A.P.). 

He observed that the focus was earlier on Information Technology (IT) but it has completely shifted to Artificial Intelligence (AI) in recent years. 

India, he pointed out, was well positioned to make its mark in the AI landscape, he opined.

Mr. Naidu recalled that A.P. pioneered reforms in the power sector and, at present, emphasis was laid on improving the business ecosystem with due priority to realising the potential of MSMEs.

He predicted a decisive victory for the BJP in the Delhi polls, while reiterating that the city has been ruined by the Aam Aadmi Party. 



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