Since morning, Telugu Desam Party president and former chief minister N Chandrababu Naidu has been crying foul from roof tops over a report carried by a news agency on the shifting of Kia Motors from Anantapur to Tamil Nadu, claiming that the Jagan government has been driving away all the industries he had brought during his regime.
It is an open secret that Naidu used to spend Rs 10 on publicity for Rs 1 worth work he had done. So, whatever little he had done during his regime has been given massive publicity in the local, national and international media.
On the other hand, the Jagan government has been accused of not bringing any investments to the state as there have been no such reports in the media about any industry coming to the state in the last eight months.
But, finance minister Buggana Rajendranath Reddy says Jagan believes in doing work silently rather maintaining a low profile, without craving for any publicity. That is why nothing is being heard or seen in the media about what he is doing for attracting investments.
Buggana pointed out that in the last eight months of YSRC rule, as many as 1,252 companies have come forward to set up their units in AP, for which 1,057 acres had been allotted.
Some of these companies include: Grasim Industries of the Birlas, Smart Chemtech, ATC Tyres, Triamonium Nitrate, CRRC corporation and Metro Coaches.
“Negotiations are under way with major units of Hyundai Steels and Posco Steels to set up their plants,” he said.
Similarly, since June to November 2019, as many as 19 units were grounded with an investment of Rs 15,600 crore. Moreover, eight more units with an investment of Rs 7,916 crore are ready for trial runs in production and eight other units with an investment of Rs 8,663 crore are in the construction stage, the minister said.
He said Chandrababu Naidu government had left the present government with works worth Rs 38,000 crores to be completed. If the CRDA works were included, the amount increases to Rs one lakh crore. This was done without any financial backing, he pointed out.
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