Telangana Bill passed, experts say win-win situation for all as 'it will boost economic activity in both states'

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'Objective of bifurcation of any state would be to enhance growth of both the regions.' 'Objective of bifurcation of any state would be to enhance growth of both the regions.'
SummaryIn wake of Telangana Bill being passed, experts say there will not be any economic problem.

and Andhra, which may impact the growth prospects of the new state in case that decision is not taken quickly," Reddy said.

Additionally, when the new state is formed, the distribution of different industries should be based on the availability of resources and talent. Creating quick social infrastructure should also be considered for an all inclusive growth," the CII felt.

Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) said that with the political impasse on Telangana over, the industrial climate will improve and become stable.

"Now, the FAPCCI hopes that an excellent and good new industrial policy will be formed by the new governments in both the states and we will have a conducive climate for industrial growth," it said, adding that it would work in tandem with any government for mutual benefit.

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