ENA MSME 2025-06-24 15:41:45 <p><span style="font-size:14px"><strong>Amaravati, Jun 24 (KNN)</strong> The Andhra Pradesh government is intensifying efforts to tackle youth unemployment through a wide-ranging skill development and job creation strategy, aiming to harness industrial investments and support the revival of Micro, Small, and Medium Enterprises (MSMEs).</span></p> <p><span style="font-size:14px">At a press conference held at the State Secretariat, 20-Point Programme Chairman Lanka Dinakar, MSME Chairman Shiva Shankar, and CEDAP Chairman Deepak Reddy outlined the governments integrated approach to aligning skill training with sector-specific employment opportunities.</span></p> <p><span style="font-size:14px">Dinakar highlighted that the state had secured investments worth Rs 9.3 lakh crore in its first year, with an ambitious goal of generating 20 lakh jobs over the next five years. </span></p> <p><span style="font-size:14px">He introduced the government's new policy orientation &mdash; shifting from the traditional Ease of Doing Business to a more proactive Speed of Business framework aimed at accelerating industrial responsiveness and inter-departmental coordination.</span></p> <p><span style="font-size:14px">The state is home to over 8 lakh MSMEs, contributing close to 30 percent of Indias GDP. Their revival is central to Andhra Pradeshs long-term development blueprint &mdash; Swarnandhra 2047. </span></p> <p><span style="font-size:14px">The plan emphasises strengthening grassroots enterprises to ensure inclusive economic growth.</span></p> <p><span style="font-size:14px">MSME Chairman Shiva Shankar proposed setting up dedicated MSME parks across the state and recommended appointing an Additional Commissioner to oversee sectoral reforms and implementation. </span></p> <p><span style="font-size:14px">These structural enhancements are aimed at providing targeted support to small industries and improving their competitiveness.</span></p> <p><span style="font-size:14px">Deepak Reddy, Chairman, Centre for Entrepreneurship Development of Andhra Pradesh (CEDAP), announced plans to train 60,000 youth this year through enhanced vocational programs. </span></p> <p><span style="font-size:14px">The number of training centres is expected to more than double &mdash; from the current 103 to up to 250 by next year &mdash; to meet the growing demand for skilled labour.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42561 https://knnindia.co.in/news/newsdetails/msme/andhra-pradesh-govt-targets-20-lakh-jobs-in-5-years-via-msme-skill-development-initiatives 2025-06-24 15:41:45 knnindia.co.in