KCR Assures Corruption-free Project Approvals to Singaporean Investors.

Telangana chief minister K Chandrasekhar Rao recently assured investors in Singapore to develop the newly-formed state by accelerating project approvals in a corruption-free environment.

The chief minister was speaking at a meeting with Singaporean investors. 'Telangana will be a ‘Zero-graft state’ with improved safety and security,' he asserted. During the meeting, the chief minister listed out a wide range of investment opportunities for the private sector in the field of IT, pharmaceuticals, food processing and automobiles among others.

Assuring his government’s immediate response, the chief minister said 'I and my team of top bureaucrats will directly and immediately handle all investment proposals.'

KCR also assured of providing sufficient power supply in the state with the production of electricity increasing by 8,000 MW in the next five to six years.

'The state is currently facing a 4,000-MW shortage in the power sector but plans are already in place to improve the supply by setting up additional plants under the Telangana Genco and the NTPC,' principal secretary of the chief minister S Narsing Rao said and added that the addition 4,000 MW was planned to meet the projected increase in demand.

In the evening, the chief minister met with members of the Singapore Telangana Cultural Association and had dinner with the Telangana Expatriate Community. He also met a delegation from the Confederation of Indian Industry (CII). Google HR director (Asia Pacific) Aditya K Roy called on KCR.


THE NEW INDIAN EXPRESS