Andhra Pradesh Cupboard provides sops to cine theatres

VIJAYAWADA:  A gathering of the Andhra Pradesh Cupboard, presided over by Chief Minister Y. S. Jagan Mohan Reddy, has authorized a bundle for restarting the movie business.

Disclosing particulars about cupboard selections, info minister Perni Venkataramaiah alias Nani stated many theaters closed in March are but to reopen. Therefore, the federal government has determined to waive fastened energy costs of theaters for 3 months (April, Could, and June). Additional, funds for six months have been postponed for multiplexes and different theaters. This is able to profit 1,100 theaters throughout the state.


Nani defined that by way of this bundle, A and B class theaters can avail working capital loans of Rs. 10 lakh whereas C class ones can get Rs. 5 lakh. There will likely be a moratorium of six months on funds and curiosity subsidy of 4.5 % will likely be borne by the state authorities, which is able to price the exchequer Rs. 4.18 crore.

The minister stated the cupboard has authorized sanction of 147 lab technician posts and 147 posts of lab attendants on contract foundation on the constituency degree. They’ll work in animal illness diagnostic laboratories within the state and assist farmers in getting their cattle handled. The cupboard authorized organising of Andhra Pradesh Institute of Rural Administration (APIRM) at Pulivendula with a price range of Rs. 83.59 crore. This may empower rural girls and youth by offering them coaching and certification programs.


Nani said that the cupboard has accorded permission to present 41.19 acres land in Chennaiahgunta in Tirupati City mandal for establishing a Survey Coaching Institute. 410.30 acres of land at Chinapavani village in Lingasamudram mandal of Prakasam district will likely be given to Acharya N. G. Ranga College for institution of an Agricultural Analysis station for researching on pulses and millets.

The minister stated the Cupboard has authorized compensation to individuals who gave land for the commercial park of APIIC at Vikruthamala village in Yerpedu mandal in Chittoor district. Additional, switch of 11.83 acre land at Sunkesula village in Owk mandal has been authorized for the Forest Division. Permission has additionally been granted to Chintalpudi carry irrigation scheme to borrow a mortgage of Rs. 1,931 crore from NABARD.


Nani stated the cupboard has authorized growth of micro irrigation initiatives beneath Pulivendula department canal, CBR proper canal (Lingala canal) Section 2, and implementation of Rejuvenating Watersheds for Agriculture Resilience by way of Revolutionary Growth (REWARD) programme in six districts.

The cupboard has additionally ratified appointment of Jasti Naga Bhushan as extra Advocate Normal of the state.

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