The grant agreement was inked in the presence of Andhra Pradesh Chief Minister Chandrababu Naidu.
Inviting investors to invest in defence, petroleum refining and electronics sector, Minister of State for Finance Jayant Sinha said these industries are going to flourish and prosper in Andhra Pradesh
Chief Minister Chandrababu Naidu is confident that he will be able to make Andhra Pradesh amongst the top 3 states within the country by 2022. In this show CNBC-TV18 gets you the top voices from the government as well as the corporate sector to help you understand exactly why investors are bullish on Andhra Pradesh.
The policy which was released during the Partnership Summit being held here said the government will facilitate all clearances in accordance with Single Desk Policy 2015-20 bringing together all stakeholder departments on a common platform.
Watch accompanying videos of Andhra Pradesh Investor Summit where the chief minister Chandrababu Naidu geared up to woo investors to his state.
Jaitley also called upon the states to improve ease of doing business with a view to attract investors saying they are "smart people" and look for "stability of policy (and) business friendly ecosystem."
How successful has the bifurcation of Andhra Pradesh been? How easy it has been for the present state's Chief Minister Chandrababu Naidu post the decision? The man himself gives the first hand account to CNBC-TV18's Shereen Bhan.
Naidu hopes to mobilise huge investments between January 10 and 12, when the state hosts its investment summit and believes a strategy of backing up business initiatives with strong policy will work wonders.
Andhra Pradesh Chief Minister Chandrababu Naidu says the state is targeting giving all approvals to industry in 21 days and hope to rank number one in the Ease of Doing Business list.
The government is mulling a Swacch Bharat cess to increase the funds for Swacch Bharat Abhiyan.
The Niti Aayog Chief Minister's sub-group on Swachh Bharat with Andhra Pradesh Chief Minister Chandrababu Naidu as convener today submitted its report to Prime Minister Narendra Modi.
The panel has also pitched for viability gap funding, tax exemptions and separate tariff for waste-to-energy and compost projects.
The proposed investment will encourage driver entrepreneurship and create employment opportunities in the state, Ola said in a statement. Currently, Ola has over 10,000 vehicles on its platform in Andhra Pradesh.
The 10 new ports are Bhavanapadu Port, Narsapur Port, Ramayapatnam Port, Machilipatnam Port, Kakinada SEZ Port (captive), Meghavaram Port (captive), Nakkapalli Port (captive), Nizampatnam and Vodarevu and Dugarajapatnam Port.
Chief Minister Chandrababu Naidu is at the spot to monitor the situation. The bodies of victims, all women, were shifted to Rajahmundry government hospital. The injured were also brought to the hospital, where the condition of some of them is stated to be critical.
Transition work has been started to shift Andhra Pradesh's capital from Hyderabad to Amaravati. A complete master plan of the new capital is expected to be ready by the first of June.
Chief Minister of Andhra Pradesh Chandrababu Naidu says his party will support the land ordinance moved by government. He was speaking exclusively to CNBC-TV18's Shereen Bhan. He also adds that all benefits paid out by the Andhra Pradesh government will be synchronized with Aadhar.
The company currently had three stores in Andhra Pradesh - in Vijayawada, Guntur and Rajahmundry," the release said.
With a packed agenda of meetings with investors and the government representatives from various countries at WEF annual meeting, Jaitley said that many of these investors were looking at India either to invest or to expand their presence.
The farm loan waiver of up to Rs 1.5 lakh per family announced by Andhra Pradesh Chief Minister Chandrababu Naidu is getting implemented today.
The residents of Visakhapatnam have been reeling under a crisis as electricity and daily need items like milk were not available and communication network had virtually collapsed due to the devastation caused by the cyclone which struck on Sunday.
The intensity of the cyclone has reduced from over 200 kilometre per hour to about 100 kilometre per hour now. The cyclone has now converted from a very severe cyclonic storm to a severe storm.
A city of about one million (1.5 million if you take the agglomeration) located between two rivers, Krishna and Budameru, Vijayawada is at the centre of the rump state of Andhra. The Vijayawada-Guntur belt is the bastion of the Kamma community, the community to which Naidu belongs.
The team and brain‘s trust that delivered Gujarat for Modi may not be good enough to deliver India. Getting to base camp needs one set of resources; making a bid for Mt Everest needs effort of an entirely different magnitude.
The Supreme Court today dismissed a plea for a CBI probe into the alleged disproportionate assets owned by Andhra Pradesh former Chief Minister N Chandrababu Naidu.