Date:05/05/2006 URL: http://www.thehindu.com/2006/05/05/stories/2006050503090600.htm

Andhra Pradesh

Set up training institute in Hyderabad, YSR urges ADB

Special Correspondent

HYDERABAD: Chief Minister Y.S. Rajasekhara Reddy has asked the Asian Development Bank Governors to consider setting up of a "regional training and entrepreneurial development centre" in Hyderabad for effectively harnessing the human resource potential in the State.

Participating in the Chief Ministers' session organised as part of ADB's 39th annual general meeting here on Thursday, he said the entity could be styled as an efficient organisation run on commercial lines. "I wish the ADB considered favourably to participate with equity in our infrastructure corporation," he said. "Entrepreneurial growth is the quintessential objective," he said, adding that the Government accorded importance to providing gainful employment to youth.