The Andhra Pradesh government has taken a proactive approach to attract investments, including the allocation of land at just Rs 1 per acre for industries.
Recently, the YSR Congress (YSRCP) attempted to criticize this initiative, suggesting that the NDA government is distributing land at throwaway prices without proper purpose. The issue was raised for discussion in the Legislative Council today.
In response, Nara Lokesh clarified that the government is allocating land at these nominal rates only to reputed companies. He cited examples such as TCS and Cognizant, which have already received land under the scheme and are expected to create nearly 25,000 jobs in total.
Lokesh also addressed allegations that the government was giving land to URSA for Rs 1, pointing out that such claims were misleading. Interestingly, YSRCP Chief YS Jaganmohan Reddy had publicly stated multiple times that he would provide land for Rs 1 to URSA companies in several public meetings. The same group is now targeting the NDA government over these allocations, which appears contradictory.
Lokesh emphasized that the NDA government’s policy is transparent, merit-based, and focused on boosting employment and industrial growth, contrasting it with the political opportunism displayed by the YSRCP.
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