1 week ago

YSRCP Alleges Andhra Industries Leave Over Coalition Harassment

YSRCP Alleges Andhra Industries Leave Over Coalition Harassment
YSRCP Alleges Industries Leaving Andhra Pradesh Over Harassment, Extortion Demands By Coalition Leaders · freepressjournal.in

The YSRCP says businesses are facing problems in Andhra Pradesh.

Its spokesperson alleged that coalition leaders are demanding money and contracts from companies.

He said two large planned projects moved to other states.

He also questioned the government’s claims about new investments and jobs.

He said some land given to companies was later taken back.

Cement and thermal businesses were also allegedly pressured.

The coalition government has claimed it attracted major investments and jobs.

The article does not include a direct response from the government to these allegations.

Key facts

Alleged Tata Power investment
Rs 6,675 crore project proposed in Nellore that Sivashankar said moved to Odisha.
Alleged Websol investment
Rs 3,538 crore project planned at Naidupeta that Sivashankar said shifted to West Bengal.
Government investment claim
The coalition government has claimed it attracted Rs 24 lakh crore in investments.
Government employment claim
The coalition government has claimed it created 20 lakh jobs.
Ease of Doing Business ranking
Sivashankar said Andhra Pradesh fell from first place during YS Jagan’s tenure to eighth place.
Industrial companies named
UltraTech, Dalmia, Vicat, Srichakra and Bharathi Cements were named in allegations of interference and intimidation.
Land cancellations alleged
Sivashankar said land linked to Coca-Cola, Azad Mobility, GINFRA and Jupiter projects was taken back or cancelled.

Sources

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