The chief minister of Andhra Pradesh, Kiran Kumar Reddy has asked the builders in the state to imbibe financial discipline. He has said that the Andhra Pradesh government has come out with certain fixed deadlines to complete projects at a faster pace. Therefore, every builder should follow and adhere to deadlines failing which stringent action will be taken, he added.

The CM has said that in case a builder fails to complete a project in stipulated time, the government will recover the entire money with interest. Kiran Kumar Reddy made these statements at a meeting convened by Builders Association of India at HITEX of Hyderabad. Further, he said the government would extend its support to the proposed cement plant in the state.
(Phani)