Published On: Mon, Jun 9th, 2025

Economic terrorism as serious as cross-border terrorism, says AP CM Chandrababu Naidu | Hyderabad News

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Economic terrorism as serious as cross-border terrorism, says AP CM Chandrababu Naidu

How different is this first year in office when compared to your previous three stints as chief minister?This first year, compared to the previous terms, has been very bad. Especially since we are fighting with economic terrorists. Like cross-border terrorism, economic terrorism is also a threat to the global community, particularly India. In the last five years during the YSRC regime, people with criminal attitudes or habituated criminals have ruled the state. They have looted the state by taking cover under the political party. Even the Singapore govt, which is considered one of the most credible across the world, was harassed in the name of cases. Making a comeback after such setbacks is not easy. But we are trying to overcome all the challenges.So, you are at minus 10 and trying to build from scratch again?That is what I am saying. Not only minus 10, it was like minus 100 when I took over. They chased away industries like Amara Raja Group. Looted money in liquor, land, sand and granite. Took over ports on benami names. As many as 98 centrally sponsored schemes were derailed because matching grants were not released from the state. They have diverted money from centrally sponsored schemes. Resorting to destruction of this scale is economic crime.Despite these challenges, you are planning to achieve a 15% growth rate for the next 25 years. How it is possible?Everything is possible with vision, planning and foolproof execution. Achieving a 15% growth rate is not a big deal if we can utilise technology in an effective manner. We have historical data available on fingertips. We can get real time data with the help of satellites. With technological tools available for processing that data, we can analyse and process problems and get solutions with 90% accuracy. We want to bring investments for commercialisation of technology in defence, aerospace which can create huge employment opportunities and export market for our products besides domestic utilisation. This is where I am talking about 15% growth rate. It can even go up to 20% if we have good leadership.AP is also facing the threat of inadequate representation in Parliament post delimitation. How are you going to tackle this?During the Vajpayee Ji govt, the 1971 census population data was used for the purpose of delimitation. In the delimitation that happened post 2004, the Andhra region, in the combined state, lost some assembly seats to Telangana as the population of Hyderabad and Ranga Reddy increased because of migration from AP. Now people from north India are also migrating to Hyderabad. It is high time that south India, and other states in India, too go for population management. Only then will India stabilise.You were one of the pioneers in inviting investments to the state by bringing in people like Bill Gates. Almost every second CM is now trying to do this by attending investment summits. Was it like fighting against your own model?Any model is not a monopoly. Any brand is also not a monopoly. As long as your brand is strong, people will be with you. Everyone will try to replicate a successful brand. It is good to see a positive spirit and I welcome that. Earlier they used to ask what CBN is doing and now they are trying to do things differently by watching what is happening globally. This is good competition, good for the country.Can you tell us a little bit more about Bill Gates foundation setting up an office in Amaravati?It is a very interesting model. I strongly believe public policies will empower societies. One public policy I brought during my earlier tenure to develop Hyderabad with technology, changed the face of Telangana. Today, we want to start at the next level in Amaravati. I am starting Quantum Valley with artificial intelligence and developing standalone computing systems. By using AI, we want to focus on preventive healthcare besides integrating the central and state schemes to provide better healthcare services to all. We are creating a proof of concept for a holistic healthcare system.So, will the proof of concept happen in Amravati?No. We are taking the state as a unit. A pilot is being launched in Kuppam which will be expanded to district level and across the state within two years.Your focus now is on quantum computing, aerospace and defence?I am more focussed on commercialisation of use cases. I want Amaravati Quantum Valley to be like America’s Silicon Valley. Our brains have to work to write algorithms for quantum computing. That is where we are driving AI. We are living in inspiring times where technology has matured, and knowledge is available in real time. Commercialisation of technology in defence, aerospace and space technology is what we are aiming for, because this is where jobs will be created.A lot of brain drain is still happening in AP. When is the trend going to be reversed?What is wrong in it? This question is haunting from the beginning. People are going for better opportunities. But everyone must learn to think globally and act globally. Now, one can work for a US company while sitting in our villages. One can even start a company in the US sitting here. So, it doesn’t matter where people are working. All that is needed is to upgrade skills and to be ready for the future.





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