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Tag: industrialists

  • KCR family’s scams scaring industrialists from investing: Bandi Sanjay

    KCR family’s scams scaring industrialists from investing: Bandi Sanjay

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    Hyderabad: Telangana’s Bharatiya Janata Party president Bandi Sanjay Kumar attacked chief minister K Chandrashekar Rao and his family, including IT minister KT Rama Rao and accused them of distracting investors thanks to their alleged involvement in land scams.

    Bandi Sanjay was attending the Praja Gosa-BJP Bharosa street corner meeting at Alair on Saturday. “Foreign industrialists are scared of investing in the state because of the land scams involving KCR’s family and kickbacks they are demanding,” he said.

    Sanjay alleged that the BRS government had not been able to attract even attracted half of the investments received by neighboring Karnataka.

    “As many as 150 countries have come forward to invest in India. More than 50% of all the foreign investments India had received in the last 75 years have come only during the Modi regime. Despite having a potential city like Hyderabad, Telangana has not received even 5% of the country’s investments. It shows how atrocious KCR’s regime is,” he said.

    “This is just a humbug, If the BRS led by KCR is pulled down from power, the value of the life sciences industry would go up to Rs 50 lakh crore,” said Sanjay in response to K T Rama Rao’s statements on life sciences ecosystem on Friday.

    Sanjay said that KTR, who was basking in the glory of his father, was making tall claims about his achievements.

    “He could become BRS working president only because of KCR. In fact, no other leader except the one from KCR’s family can become CM or even BRS president. But in BJP even an ordinary party worker can become national and state unit president,” he said.

    “While the Modi government sanctioned 2.5 lakh houses for the houseless poor in Telangana, KCR has not taken it up only to deny credit to Modi,” Sanjay said.

    Sanjay alleged that the KCR family was grabbing precious lands in the name of temple development. “He has done the same in Yadadri and now he is eyeing lands in Kondagattu,” Sanjay added.

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    #KCR #familys #scams #scaring #industrialists #investing #Bandi #Sanjay

    ( With inputs from www.siasat.com )

  • Adani is BJP’s ‘Vitamin A’, govt shouldn’t discriminate between industrialists: Akhilesh

    Adani is BJP’s ‘Vitamin A’, govt shouldn’t discriminate between industrialists: Akhilesh

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    Ballia: Samajwadi Party president Akhilesh Yadav on Thursday described billionaire tycoon Gautam Adani as “Vitamin A” of the BJP, saying the government should not discriminate between industrialists.

    “Industry and industrialists should progress, but there should not be any discrimination with anyone. It cannot be the case that one industrialist grows and the other does not. The government should have the same vision for everyone,” Yadav said.

    “There should be no discrimination between industrialists, but the BJP is only helping Adani,” the SP president told reporters in response to a query.

    Terming Adani “Vitamin A of BJP”, Yadav said both “the excess and loss of Vitamin A has its disadvantages”.

    “Having discriminatory attitudes results in banks sinking with the fall of one industry. The LIC will drown. Who will bring back the money of the bank and the LIC. There should be no discrimination between industrialists, but the BJP is only helping one industrialist,” the former Uttar Pradesh chief minister alleged.

    The Adani Group stocks have taken a beating on the bourses after US-based short seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation, against the business conglomerate. The Adani Group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.

    The opposition parties have alleged that the meltdown in Adani Group shares is a “mega scam” that involves common people’s money as public sector LIC and SBI have invested in them and have questioned the government on steps taken by it.

    Referring to the Hindenburg report, Yadav said, “Under the BJP government, which claims that the economy is strong, a report comes and Industrialist Adani slides down to 20th position from second spot.”

    To a question, he said the SP is a party which believes in God. “We believe in Lord Vishnu and all his incarnations. We follow religious scriptures and faith,” he said in an apparent reference to the ongoing row over his party leader Swami Prasad Maurya’s comment on portions of the Ramcharitmanas.

    The SP chief alleged that Uttar Pradesh Chief Minister Yogi Adityanath is putting forward both his deputies to shield him wherever he (CM) does not want to answer the questions.

    “The battle of 2024 (Lok Sabha election) is the biggest battle. This is a fight to save democracy and the Constitution,” he added.

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    #Adani #BJPs #Vitamin #govt #shouldnt #discriminate #industrialists #Akhilesh

    ( With inputs from www.siasat.com )