Andhra Pradesh: The chief ministers of Andhra Pradesh, Telanagana,Y.S. Jagan Mohan Reddy and K. Chandrasekhar Rao, virtually joined Prime Minister Narendra Modi's second national committee meeting on 'Azadi ka Amrit Mahotsav' on Wednesday.
In his speech, Jagan Mohan Reddy stated that the state would double down on its efforts to ensure the success of the 'Azadi ka Amrut Mahotsav.' To unleash the nation's full potential, he advocated for a focus on sustainable development and the decrease of economic inequality.
"It is critical that, while current needs are addressed through economic advancement, future generations' ability to satisfy their own needs is not jeopardized," he stated.
He voiced for policies to be developed that would eventually lead to the phase-out of coal-based power generation and increased reliance on renewable energy sources for energy demands, stating that the energy sector plays a critical role in socioeconomic development.
He expressed concern that the country's economic growth was not reaching the poor enough. "According to the recently released 'World Inequality Report 2022,' the top 10% and top 1% of the population own 57 percent and 22 percent of the country's total national income, respectively. Increased rural indebtedness, poorer purchasing power, and decreased rural aggregate demand would arise from income inequality. This is a significant issue that requires quick attention from all of us in the policymaking community. Given the sensitivity of the situation, interventions must be made more effective by identifying and effectively removing obstacles, allowing for inclusive economic growth "he stated.