Hyderabad: The foreign jaunts of Chandrababu Naidu seems to be only to further his personal and commercial interests and not to attract foreign investments as the atmosphere in the State is not conducive for the inflow of investments, YSR Congress has said.
"Chandrababu Naidu has been touring foreign countries on the pretext of attracting investments but they seem to be only to explore opportunities to further his business investments as the indicators of investors showing interest in the state are not visible," Party MLC K Veerabhadraswamy told reporters her on Sunday.
The Finance Minister boasting that Investments worth Rs 4.67 lakh crores have come to the state stands as a mirage as not a single industry has been opened and on the contrary many jute and ferro-alloy units are being closed down.
Even during the nine year term during 1995-2004, Chandrababu Naidu had made tall claims by organising Partnership Summits and boasting of huge investment inflow but that has come a cropper.
He was only dropping names that top world leaders, who visited our country, had also come to the state capital but it was limited only to publicity, he said.
Now he is in a hurry opening offices in major cities and they apparently are not to attract investments but to explore opportunities for him and his coterie, he said adding that no effort was being made to pursue the Centre in implementing the assurances given in the Reorganisation Act.
With the loans of farmers and DWACRA groups on the rise and students not getting their fees reimbursement the State is facing crisis and has a grim picture which is not conducive for investments, he said.
TDP leaders are scared of YS Jagan Mohan Reddy which is the sole reason why they are leveling baseless allegations against him, he said.
