section 8
Objectives of the Corporation -Subject to the provisions of this Act and the
The Andhra Pradesh State Development Corporation Act, 2020General202037 sections6 chapters
Chapter III OBJECTIVES AND SCOPE OF ACTIVITIES
Statutory text
rules and regulations made there under, the objectives of the Corporation shall be the following:
- (a) to raise funding and financing from various avenues, providing necessary support and acting as an enabler for the key socio- economic Sustainable Development Goals across multiple domains viz. Poverty Eradication & Livelihood Enhancement [SDG-1], Doubling Agricultural Productivity and Farmer’s Incomes [SDG-2], Reliable & Universal Healthcare[SDG-3], Inclusive & Equitable Quality Education [SDG-4], Women Empowerment [SDG-5], Clean Water & Sanitation[SDG-6], Housing for Poor [SDG-11] and to undertake various economic and social development projects in the State of Andhra Pradesh;
- (b) to operate in accordance with principles of fiscal prudence, sustainability and focusing on reforms to achieve the Millennium
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