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Andhra Pradesh: Twin ports will spur growth of Nellore district, says Collector

By S. Murali

Nellore district is all set to witness rapid economic growth thanks to its two ports, said Collector K.V.N. Chakradhar Babu.

Speaking after distributing ₹10,000 each under the YSR Matsyakara Bharosa scheme to 10,689 seafaring fishermen as compensation for the annual fishing holiday, he said Chief Minister Y.S. Jagan Mohan Reddy is expected to lay the foundation stone for the Ramayapatnam port soon. The Juvaladinne harbour would be developed at a cost of ₹300 crore by the ‘fisherman-friendly’ government, he said.

The new port, along with the private Krishnapatnam port, would contribute to development in the district which is endowed with a 120-km coastline, he said. The district accounted for exports worth over ₹5,000 crore and the new initiatives would lead to an increase in earnings in foreign exchange significantly, he said.

A group of fishermen thanked the government for increasing the diesel subsidy to ₹9 per litre from the earlier ₹6 per litre. ‘‘We are grateful to the government for doubling the accident insurance benefit for fishermen to ₹10 lakh,” they said.

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Dive Deeper:
A.P. CM releases ₹109 crore for 1.09 lakh fishermen under Y.S.R. Matsyakara Bharosa
Relief package of ₹10,000 to each fishermen family is the highest in the country, says Jagan
Milma to open State’s sole milk powdering unit
Federation to overcome high cost of production by increasing efficiency
Petrol, diesel prices today: Fuel rates remain unchanged for over a month. Check fuel rates in your city
Petrol in Delhi costs ₹105.41 per litre while diesel rates costs ₹96.67, as per price notification by state fuel retailers.In…
Explained | The new rules for utilisation of funds under MPLADS
The Centre has revised the procedure dealing with the flow of funds under central sector schemes, including the MP Local…
One subscription that gives you access to news from hundreds of sites
Andhra Pradesh: Chief Minister should withdraw his comments made against Pawan Kalyan, say Jana Sena leaders
‘Jagan Mohan Reddy failed to fulfil promises made to people’
India's cruise tourism likely to grow 10-fold in the next decade. Here's why
India aims to increase cruise passenger traffic from 0.4 million at present to 4 million.The economic potential of Cruise tourism…
Get all your news in one place