Cupboard approves APMDC proposal to lift ₹9,000 crore by means of debentures

Chief Minster N. Chandrababu Naidu chairing the Cupboard assembly, on the Secretariat on Friday.

The Andhra Pradesh State Cupboard, at its assembly chaired by Chief Minister N. Chandrababu Naidu, on Friday accredited the Andhra Pradesh Mineral Growth Company’s (APMDC) proposal to lift ₹9,000 crore by means of issuance of senior, secured, rated, listed, redeemable, and taxable non-convertible debentures.

In keeping with sources, the Cupboard accredited the proposal to determine a ‘Digital Well being Nerve Middle’ in Kuppam constituency in Chittoor district with an outlay of ₹5.34 crore.

The proposal for creation of 372 Civil Assistant Surgeon (PG Lean) posts within the Central Pool was additionally cleared. In-service postgraduate medical doctors would obtain corresponding salaries, as a part of this initiative.

Tourism tasks

The Cupboard additionally accredited the Andhra Pradesh Tourism Land Allocation Coverage 2024-2029. The coverage geared toward creating world-class tourism facilities within the Public-Non-public Partnership (PPP) mode.

Additionally, a proposal for allocation of 116.974 acres for creating the Havelock Bridge on the Godavari in Rajamahendravaram was cleared. The land can be given to the Andhra Pradesh Tourism Growth Company.

A proposal to allocate 66.12 acres of land at Thammavaram village of Kakinada Rural mandal in Kakinada district to the Andhra Pradesh Tourism Growth Company for improvement of a tourism centre was additionally accredited.

MSME Park

The Cupboard additionally gave its nod to switch 27.26 acres of presidency land at Panukavalasa village of Seethampeta mandal in Parvathipuram-Manyam district freed from value to the Andhra Pradesh Industrial Infrastructure Company (APIIC) for institution of an MSME Park.

A proposal for allocation of 10.72 acres of land at Davaleswaram of Rajahmundry City mandal in East Godavari district for institution of an Agricultural School was additionally given the nod.

Allocation of two acres of land on lease for 33 years at ₹1,000 per acre per 12 months for building of the TDP district workplace at Gajularega village of Vizianagaram mandal in Vizianagaram district was additionally accredited, sources stated.

The Cupboard additionally accredited the amendments to the Andhra Pradesh Panchayati Raj and Rural Growth Service Guidelines, 2001. These amendments have been geared toward enhancing the rank of the District Panchayat Officer (DPO) and Principals of Extension Coaching Facilities by aligning varied seniority ranges inside the division. This may streamline and rationalise totally different roles, eliminating duplication of cadres, with the objective of enhancing providers to the rural inhabitants.

The Cupboard additionally accredited the proposal to amend the Andhra Pradesh Non-public Universities (Institution and Regulation) Act, 2016, to rename Centurion Faculty of Rural Enterprise Administration Belief, Bhubaneswar, as Centurion Training Administration Belief, Visakhapatnam.

The amended A.P. Non-public Universities (Institution and Regulation) (Modification) Invoice, 2025, can be launched within the Legislative Meeting for approval.

Allocation of liquor retailers

The Cupboard ratified the proposal for allocation of 335 liquor retailers to the Goud group, 4 retailers to the Sondi group, and one store at Maddiralapadu village of N.G. Padu mandal in Prakasam district underneath the beforehand issued authorities orders.