Andhra CM Naidu receives Golden Peacock Award

Image
ANI London [U.K.]
Last Updated : Oct 26 2017 | 1:22 PM IST

Andhra Pradesh Chief Minister N Chandrababu Naidu has been honoured with the prestigious Golden Peacock Award in the 17th London Global Convention held in London.

The Chief Minister was awarded in the category of "Global Leadership in Public Service and Economic Transformation" by the Institute of Directors for Leadership in Transferring Governance on Wednesday night.

Naidu was awarded for excelling in public services.

This category was introduced for the first time by the Institute of Directors.

The Chief Minister is driving the state of Andhra Pradesh to achieve double digit growth.

Naidu in his acceptance speech said that no other country except India has the potential to achieve double digit growth in the near future.

He said, "Along with traditional strengths, India has the advantage of demographic dividend. It also has the highest English speaking population in the world".

"India is very strong in technology. Today, majority of technology experts in companies like Google and Microsoft are Indians."

The Chief Minister also said, "Today, the entire world concentrated on governance and transparency had also increased. Much like corporate companies are accountable to its shareholders, I am also accountable to the common man."

"In corporate sector, Managing Directors remain in their posts for some time but in politics, we face election every five years. Therefore, I always strive to work better," he added.

The Chief Minister invited the industrialists and corporates present there to invest and cooperate in the development of Andhra Pradesh.

"We have excellent human resources. We will give you power, water and other necessary infrastructure. We are top in ease of doing Business index," he said.

He also said that he met Secretary of State for International Development, Government of UK, Priti Patel to discuss about development of the state.

He also said that his only aim is to make Andhra Pradesh a model state.

"Our vision is to make Andhra Pradesh the most developed state in India by 2029, including in happiness index and the best investment destination in the world by 2050," he added.

"Post bifurcation, ours became a new state. Despite of resources crunch, we are making wonders by making impossible things possible. When I became the Chief Minister, our state had 22.5 million units power deficit. With the help of power reforms, we brought wind energy and reduced the cost of solar power. We will reduce power tariffs in the future," the Chief Minister said.

Nara Bhuvaneswari, the wife of Naidu, who is also the Vice Chairperson and Managing Director of Heritage Foods Limited Company, also received the award in the category of "Corporate Governance and Sustainability".

In 1991, the Institute of Directors established the Golden Peacock Awards for the recognition of "corporate excellence".

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 26 2017 | 1:00 PM IST

Next Story