Amaravati, Oct 3 || Andhra Pradesh Chief Minister N. Chandrababu Naidu has set a 15 per cent growth rate for the state and directed the officials of various wings to achieve it by bringing all sectors back on track, adopting the latest policies.
Chairing a review meeting on the progress of agriculture, allied sectors, industry and service sectors on Thursday, the Chief Minister felt that almost all the sectors moved in reverse trend following the destructive policies adopted by the previous government, as a result of which the economic sector totally collapsed.
Recalling that the state achieved a growth rate of 13.7 per cent during 2014-19 despite having certain problems post-bifurcation of the state, the Chief Minister regretted that with the reverse decisions taken by the YSRCP that came to power later, the growth rate fell down deeply to 10.59 per cent.
In 2019, the difference in growth rate between Telangana and Andhra Pradesh was merely 0.20 per cent, but this has gone up to 1.5 per cent by 2024, Chandrababu Naidu said.
While the per capita income was 13.21 per cent during the past TDP regime, it fell down to 9.06 per cent during the previous government, the Andhra Pradesh Chief Minister pointed out, expressing concern that the living conditions of the people had hit hard with the fall in per capita income.