28.04.21 Daily [Andhra Pradesh] APPSC Current Affairs

Industries ministerMekapati Gautham Reddyhas said the government will shortly announce anoxygen policyto encourage manufacturing ofoxygen concentratorsin the state. He said the government will ready its own Plants with a capacity of 300-400 metric tonnes (MT) over the next 45 days.

The minister pointed out that the new policy would help Micro, Small and Medium enterprises (MSME) rapidly launch production and supply operations. The government will grant incentives to manufacturers of Oxygen concentrators, he said, adding that they would also grant additional subsidies to industries producing oxygen.