Nara Chandrababu Naidu
Chief Minister of Andhra Pradesh
Nara Chandrababu Naidu was born on April, 20 ,1950 to Nara Kharjura Naidu and Ammanamma in Naravaripalli Village, Chittoor dist., Andhra Pradesh. Chandrababu Naidu belonged to middle class agricultural family in Naravaripalli village.He has one elder sister and one younger brother.His parents were very hard working and toiled in their small agricultural land of 5 acres. Since childhood, he was a very observant and hardworking man. He did his primary education in the near by Chandragiri town and subsequently completed his Masters in Economics from Sri Venkateswara Arts college,Tirupati.
Naidu was drawn to politics at an early age, and joined Youth Congress as a student leader in Chandragiri, near Tirupati. Naidu received an Indian National Congress (INC) nomination in 1978 under the 20-percent quota for youth to run for the office of the member of the legislative assembly (MLA) in Chandragiri constituency. He was appointed as technical education and cinematography minister in T.Anjaiah’s government at the age of 28. He was the youngest minister in the Congress cabinet.
As the cinematography minister, Mr Naidu came in contact with N. T. Rama Rao, popularly known as NTR, a popular film star in Telugu cinema. In 1980, he married Bhuvaneswari, NTR’s third daughter.
In 1982, NTR formed the Telugu Desam Party (TDP) and swept the assembly polls held in 1983. Mr Naidu, who was then still in the INC, joined the TDP soon after. In the 1989 assembly election, Chandrababu Naidu contested from Kuppam and won by 5,000 votes.
In 1995-2004, as a Chief Minister, he introduced many market-based reforms while at the same time formulating many populist schemes which none of his predecessors ever launched. IT and ITES sectors boomed during his tenure, giving rise to a separate state level IT policy.
Heaps of files in government offices were cleared regularly and he brought about revolutionary changes in the solving people’s problems. He always believed in walking the talk and modernized administration by computerizing a number of government operations.
He made the administration run professionally as an efficient organization and came out with a Vision-2020 policy document for the all-round development of the state and implemented it with passion, be it in IT, bio-technology or tourism.
Mr. Naidu’s vision includes making Andhra Pradesh another Singapore. He launched initiatives which aim at achieving excellence in all walks of life and focus on community building through teamwork.
In 2014 Elections, the Telugu Desam Party returned to power, in the state of Andhra Pradesh winning 102 seats out of 175 seats. Chandrababu Naidu led TDP to an outright majority in the state of Andhra Pradesh and took oath as the first Chief Minister of the residuary state of Andhra Pradesh on June 8th 2014 at mangalgiri in the grounds of Acharya Nagarjuna University near Guntur.
Naidu is married to N.T.Rama Rao’s third daughter, Bhuvaneswari. The couple has a son, Lokesh, who is married to Brahmani (eldest daughter of Nandamuri Balakrishna, N.T. Rama Rao’s son).
NEW DELHI—India’s government on Monday eased foreign-direct investment restrictions in several sectors to increase inflows, a move that also could pave the way for Apple Inc. to open its own stores in one of its main growth markets.
A surge in cross-border mergers and acquisitions boosted global foreign direct investment flows around the world last year to $1.76 trillion, the most since the 2008-2009 financial crisis, the United Nations said in a study.
The ‘Foreign Direct Investment in Latin America and the Caribbean’ 2015 report published by Economic Commission for Latin America and the Caribbean (ECLAC) showed that Mexico recorded inflows of US$ 22.795 billion in 2014. Brazil continues to be the largest recipient of FDI in the region, though inflows US$ 62.495 billion, while Chile remains the … Continue reading Organisers of Annual Investment Meeting 2016 call for building investment bridges between Middle East and South America
The role of foreign direct investment into the continent remains significant: on average the government budgets of African countries currently depend on corporates domiciled in other countries for 14% of their funding.
Africa is now positioning itself as a major business opportunity for investors, according to ICAEW’s latest Economic Insight report.
China’s outbound direct investment (ODI )is expected to surpass $1 trillion for the first time in 2015, as slowing economic growth and rising internationalisation of Chinese business see more local companies investing overseas.
When the PM travels to the US this week to woo businesses there, one of the key facts that the government will be tomtoming about is the surge in foreign direct investment since Narendra Modi took over and how his personal touch has helped.
Foreign direct investment (FDI) in Turkey reached $3.39 billion in July, according to a report from the Ministry of Economy on Sept. 30.
The total volume of foreign investments in the UAE, at present a regional base for over 500 international companies, exceeded $100 billion in the past 10 years, Minister of Economy Sultan bin Saeed Al Mansouri said on Wednesday.
NEW DELHI: India has emerged on top of the foreign direct investment league table, overtaking China and the United States, according to the FT data service.