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Expert talk: RBI Governor Duvvuri Subba Rao speaking at an interactive session in Vijayawada on Thursday |
The industrialists of Krishna district are front-runners in small-scale and minor industries. Vijayawada was the first of the smaller towns in the country to get an Autonagar. “The industrialists and entrepreneurs here should maintain their pre-eminence,” said Reserve Bank of India Governor Duvvuri Subba Rao. Addressing the Andhra Chamber of Commerce and Industry here on Thursday Mr. Subba Rao said that the service sector was also very strong in the city. “For the past 60 or 70 years you have shown that you can come out in flying colours and emerge number one in competition,” he observed. He launched a website of the Andhra Chamber of Commerce before speaking on ‘India – Growth and inflation—what we know and don't know'. Andhra Chamber secretary Chukkapalli Ramakrishna Prasad said that the association through its members was taking several steps to reduce inflation. President of the chamber Muthavarapu Murali Krishna said that it was through the efforts of the Andhra Chamber that various airlines were operating eight flights to the Gannavaram airport and soon the number would go up to 13 and about 600 passengers were using the airport daily. In the evening Mr. Subba Rao delivered the prestigious Dr. Jandhyala Daskhina Murthi Memorial Trust lecture on “RBI in every one's life”. National Statistical Commission chairman R Radha Krishna presided over the programme. Former mayor and trustee Jandhyala Sankar and more trustees C. Nageswara Rao, C.V.K. Prasad and M. Subrahmanyam were present.
HBL
