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The biggest allegation on the YSRCP government by the opposition media is that it is not focusing on bringing in investments to the state but on a wealth distribution spree in the name of welfare schemes.
Chief Minister YS Jagan Mohan Reddy seems to be functioning as per his time table and now he is on Mission- Investments.
He is heading to Davos in Switzerland on 22nd May to attend the World Economic Forum with the sole idea of bringing in investments to the state. He will be there for a week.
Besides, YS Jagan Mohan Reddy inaugurated a new industry that could give employment to 1300 candidates directly and 1150 candidates indirectly. This industry is set up at the Balabhadrapuram of Bikkavol Mandal in East Godavari District. Aditya Birla has started the Caustic Soda plant with an investment of Rs 2700 Cr.
This is a good sign to note that YS Jagan Mohan Reddy inaugurated this plant along with Birla Group Chairman Kumara Mangalam Birla. In his address he also reminded that he made a law to employ 75% of the locals in the companies that come to the state.
Birla Group needs no introduction. AP Government made many attempts to bring this group to East Godavari and set up this Grasim Industry Core Alkali Unit.
Kumara Mangalam Birla praised the practices of AP Government in establishing the industries. He thanked CM Jagan Mohan Reddy for extending support.
Inside sources say that there are some indications to bring BITS (Birla Institute of Technical Sciences) to Andhra Pradesh. CM's meeting with Kumara Mangalam Birla can also be connected to this.
But all the tongues that have been wagging by stating YS Jagan is not at all bringing investments to the state are silent now. Indeed the AP government needs to bring in many more industries like this in the entire state.
