AP assembly passes bill granting statutory status to AP

Image
Press Trust of India Amaravati
Last Updated : Apr 04 2018 | 7:35 PM IST

The Andhra Pradesh Assembly today passed a Bill granting statutory status to the AP Economic Development Board.

The government, however, deleted a controversial clause in the Bill that barred courts from entertaining any petition against Board officials or its consultants in relation to their functions.

However, another clause that says "no suit, prosecution or other legal proceeding shall lie against the Board or any member, in respect of anything which is done or intended to be done in good faith" has been retained.

The Bill, moved by Finance Minister Yanamala Ramakrishnudu on behalf of the Chief Minister, was taken up for consideration in the Assembly today.

The government also withdrew a chapter in the bill that was intended to make the State Investment Promotion Board and the State Investment Promotion Committee statutory bodies.

A clause seeking to merge Sunrise Andhra Pradesh
the brand being promoted to attract investments into the state

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: Apr 04 2018 | 7:35 PM IST

Next Story