The first Cabinet meeting of Andhra Pradesh ministers, to be presided over by Chief Minister Nara Chandrababu Naidu, is being held in Visakhapatnam on Thursday.

The Cabinet meeting, scheduled in the premises of Andhra University in Visakhapatnam, is likely to form a committee on farmer crop loan waiver scheme on priority basis.

Naidu first signed the file of loan waiver when he took over as the Chief Minister of the state at the swearing-in function held near Guntur on 8 June. A 20-member Cabinet of ministers, including Naidu, took oath on that day.

Waiving of crop loans will be implemented immediately once the committee submits its guidelines, which is likely to take 45 days, Naidu had announced at the oath-taking ceremony.

Naidu was scheduled to touch down at Visakhapatnam airport on Thursday morning and proceed to Simhachalam temple to offer pujas to the deity of Sri Varahalakshmi Narasimha Swamy, before attending the meeting.

Authorities had made arrangements at the university for the Cabinet meeting, according to media reports. The ministers - Chintakayala Ayyanna Patrudu and Ganta Srinivasa Rao - visited the venue of the meeting and supervised the arrangements, along with District Collector S Solomon Arokiaraj.

Naidu allotted portfolios to his Cabinet colleagues on Wednesday. Naidu has made two of his colleagues - Chinna Rajappa and KE Krishna Murthy - deputy chief ministers.

Here is the list of Cabinet ministers with their porfolios.

N Chandrababu Naidu, CM - Law, Infrastructure, Investments, Power, Commerce, Industries

Chinna Rajappa, Deputy CM - Home

KE Krishna Murthy, Deputy CM - Revenue

Y Ramakrishnudu - Finance, Legislative Affairs

C Ayyannapatrudu - Panchayat Raj

Gopala Krishna Reddy - Environment, Forest

Devineni Uma Maheswara Rao - Irrigation

Paritala Sunitha - Civil Supplies

Ganta Srinivasa Rao - Education

P Pulla Rao - Agriculture

K Srinivas - Health & Medical Education

K Atchannaidu - Labour, Employment

P Narayana - Urban Development

P Raghunatha Reddy - Information and PR

S Raghava Rao - Transport

Mrunalini - Rural Development

K Ravindra - Excise

R Kishore Babu - Tribal Welfare

Manikyala Rao - Endowments

P Sujatha - Women and Child Welfare

Vizag to be developed into financial capital: Minister

The state's newly appointed Panchayat Raj minister Ayyanna Patrudu has stated on Wednesday that Visakhapatnam/Vizag would be developed into the financial capital of Andhra Pradesh.

Visakhapatnam is the largest city in Andhra Pradesh. The minister, who visited the port city, called upon industrialists to set up their businesses and industries as they will get uninterrupted power supply. He reminded them of the Centre's recent assurance of 24/7 power supply to the state.

Ayyanna Patrudu said that the state government would request the Union government to set up a tribal university between Vizianagaram and Vizag. The minister stated that the government would ensure Vizag becomes a pollution-free city.

Ayyannapa Patrudu also said that 12 minor ports will be established on the state's coastline.