Vijayawada, August 04, 2021: Amid reports of battery manufacturing company ‘Amara Raja Batteries’ moving out of Andhra Pradesh, the opposition Telugu Desam Party (TDP) on Tuesday hit out at the YSR Congress Party (YSRCP) government, alleging that it failed to attract investment in the state.
The company was reportedly served notices by the state pollution control board and is considering moving its unit to neighbouring Tamil Nadu. It also held discussions with Tamil Nadu Chief Minister MK Stalin.
However, no official statement was released by Amara Raja on its plan.
TDP General Secretary and MLC Nara Lokesh demanded that the YS Jagan Mohan Reddy government should explain why the YSRCP government failed to attract investment, ‘despite having dozens of advisors with huge payments at the expense of the public treasury’ according to the reports published in indiatoday.in.
He criticised the YSRCP government’s policies and claimed that even the chief minister’s advisors, who were running their own companies, are ‘not willing to set up any company of their own in the state for the reasons best known to themselves’.
Nara Lokesh termed the development as ‘alarming’ and said that since new companies were not coming to the state, existing firms were leaving Andhra Pradesh, which has led to a loss of employment opportunities in the state.
“They were picking up the slogan ‘Bye Bye Jagan’,” he added.
The TDP leader further said that he held Jagan Mohan Reddy and his advisors accountable for not creating job opportunities and failing to attract investment in Andhra Pradesh to boost the state’s economy.
