The TDP politburo member and former MLA, Mr Bonda Umamaheswara Rao, on Tuesday demanded that the Chief Minister, Mr Jagan Mohan Reddy, answer as to why Andhra Pradesh has no representation in the globally renowned Davos summit, being organised by the World Economic Forum.
Mr Bonda Umamaheswara Rao told media persons at the party headquarters here that Mr Jagan has understood that no investor would prefer Andhra Pradesh with the ongoing destructive politics with which the ruling dispensation is looting the State. “This is the reason why Mr Jagan did not take part in the investors summit at Davos,” Mr Bonda Uma said.
Observing that Andhra Pradesh was the centre of attraction for the investors during the Chandrababu Naidu regime, the TDP politburo member said that the TDP supremo, Mr Chandrababu Naidu, made every effort to attract investors to the State utilising every opportunity. But, after Mr Jagan Reddy came to power in 2019 the situation is totally different, he said, adding that the YSRCP Government cancelled the Memorandums of Understanding (MoUs) worth over Rs 16 lakh cr which were entered into during the Chandrababu regime.
The arrogance of Mr Jagan forced the investors to rethink on setting up their units in the State as a result of which not even a single industry is established in Andhra Pradesh in the past four years, Mr Bonda Uma maintained. He asked whether Mr Jagan has any reply for the statement made once by his own Cabinet Minister, the Late Mr Mekapati Gowtham Reddy, that Rs 5.17 lakh cr investments were made in the State during the TDP rule and employment was created for over five lakh youth. “This is a written statement made on July 10, 2019 by the then Minister for Industries on the floor of the Legislative Council,” he pointed out.
When the Minister for IT, Mr KT Rama Rao, from the neighbouring Telangana State is attracting huge amounts of investments for his State while Mr Jagan Mohan Reddy is filled with joy by indulging in record-dances and other bettings, Mr Bonda Umamaheswara Rao observed. “Mr Jagan has no vision to attract investments and create employment to the youth and thus he is remaining silent though the International Investors Summit began at Davos on Monday,” he stated.
The Chief Minister wants the youth from the State to survive by selling beers and mutton, Mr Bonda Uma said and demanded that Mr Jagan tender an open apology to the people of the State, particularly the youth since he made them go without employment. The TDP politburo member also demanded that a white paper be published on how many industries were set up in the State in the past four years and how much employment was generated.
