In a temporary reprieve for power producing companies, the Andhra Pradesh high court on Thursday suspended the controversial government order (GO Ms No. 63) issued by YSR Congress party government seeking to review power purchase agreements entered into by the previous Telugu Desam Party government.
After the initial friendly relations, Bharatiya Janata Party has, of late, started attacking the YSR Congress party government in Andhra Pradesh led by Y S Jagan Mohan Reddy.
The Andhra Pradesh state assembly on Wednesday passed a landmark bill makingit mandatory for any industry being set up in the state should provide 75 per cent reservations to locals in all the jobs.
The Andhra Pradesh Assembly is witnessing heated exchanges over the World Bank’s exit from ‘Project Amaravati’ with all political outfits engaging in a blame game.
The pro-farmer schemes of both Telangana and Andhra Pradesh governments are said to be suffering from severe financial crunch, as the Centre has refused to provide any funds to the states to implement the schemes.
As part of its plan to impose total prohibition, the Andhra Pradesh government is all set to take control of retail liquor business in the state, with a bill towards this effect passed by the state Assembly on Wednesday.
The decision taken by YSR Congress party government headed by chief minister Y S Jagan Mohan Reddy to provide 50 per cent reservations to Backward Classes, SCs and STs in nominated posts and state corporations, boards, societies, trusts and agricultural market yards has created ripples within the ruling party.
Notwithstanding serious objections raised by the Centre and concerns expressed by credit rating agencies over stoppage of flow of investments, YSR Congress party president and chief minister Y S Jagan Mohan Reddy is hell bent on reviewing the power purchase agreements signed by the previous Telugu Desam Party government to expose corruption in the deals.
The Andhra Pradesh Assembly on Wednesday passed a bill to reserve 75 per cent of jobs to locals in all industries in the state even as Chief Minister Y.S. Jagan Mohan Reddy assured the industry that his government will extend every possible help to them.
Even as rumors are thick and fast that Nandedla Manohar might leave Jana Sena party and join Bharatiya Janata Party, the senior politician is bonding with mega brothers.
Biswa Bhusan Harichandan on Wednesday took oath as the Governor of Andhra Pradesh.
Land prices in Hyderabad have doubled while AP new capital Amaravathi city has been witnessing steep fall in land prices.
While the YSR Congress party government in Andhra Pradesh is hell bent on reviewing the power purchase agreements entered into by the previous Telugu Desam Party government headed by N Chandrababu Naidu in order to expose the latter’s corruption, the NDA government at the Centre is going all out to mount pressure on Jagan to stop the reviews.
Close on the heels of the World Bank, which dropped its plan to lend US $ 300 million to Andhra Pradesh government for the infrastructure development in Amaravati, the new state capital, another international lending agency also dropped the loan proposal.
It is a known fact that the Congress party has more or less been wiped out from both the Telugu states. While it is still battling for life in Telangana, it is almost dead in Andhra Pradesh.
