TDP State president Palla Srinivasa Rao has criticised the YSR Congress Party (YSRCP) for its ‘systematic attempt’ to obstruct improvement projects that committedness large-scale employment opportunities for the younker of Andhra Pradesh.
Responding to the Public Interest Litigation filed successful the High Court by YSRCP Tirupati MP Maddila Gurumoorthy challenging the constitution of a Google Artificial Intelligence Hub and Data Centre successful Visakhapatnam. Mr. Srinivasa Rao alleged that the litigation reflected a broader governmental strategy aimed astatine derailing concern initiatives that could make thousands of jobs successful the State.
Mr. Srinivasa Rao asserted that during the five-year tenure of the YSRCP government, the State witnessed exodus of industries. As galore arsenic 913 companies near A.P. during that period, undermining capitalist assurance and stalling concern growth, helium claimed.
Mr. Srinivasa Rao said the surge successful concern proposals nether the contiguous authorities led by Chief Minister N. Chandrababu Naidu had triggered ‘politically motivated attempts’ by the YSRCP to stall concern projects done ineligible challenges. Former curate Gudivada Amarnath had earlier challenged the State’s onshore argumentation successful tribunal and present the contiguous PIL against onshore allocations for caller projects followed a akin signifier of obstruction, helium added.
Mr. Srinivasa Rao alleged that much than fractional the companies that had entered the State betwixt 2014 and 2019 yet near during the YSRCP administration. Among those helium listed were TCS, ancillary units linked to Kia Motors, Franklin Templeton, HSBC, Lulu Group, BR Pettie Group, APP Paper Industries, and Singapore Starliners.
Investment proposals worthy astir ₹10 lakh crore were mislaid resulting successful unemployment among the youth. “While the erstwhile authorities spoke extensively astir welfare, improvement remained conspicuously absent,” the TDP State president remarked. The TDP person argued that the conjugation authorities had managed to revive Andhra Pradesh’s battered concern ecosystem wrong conscionable 20 months.
He described the inaugural to bring Google’s AI infrastructure to Visakhapatnam arsenic a landmark development. With an estimated concern of ₹1.35 lakh crore, the projected task aims to presumption the metropolis arsenic India’s archetypal large AI hub, helium said. Further, planetary exertion firms specified arsenic TCS, Cognizant, and Raheja Group were besides expanding their beingness successful the city, helium added.

2 months ago
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