Industries Minister: News About Adani and Reliance Groups Exit From AP Untrue

AP Industries Minister M Gautham Reddy - Sakshi Post

Tadepalli: Andhra Pradesh, Minister for Industries and Commerce Mekapati Gautham Reddy clarified about a few media reports that Adani and Reliance groups were moving out of Andhra Pradesh. The minister issued a statement on Wednesday terming the reports as ‘unfounded and untrue’.

He also sought to make clear that both the projects were at different stages of administrative allotments. In order to do so, the Government of Andhra Pradesh is committed to bringing transparency and corruption-free environment under the leadership of the Chief Minister YS Jagan Mohan Reddy. The endeavour is to allot land faster and issue approvals through single window system to ensure best in class ease of doing business, the statement read.

Reliance Group

For the land allotted to Reliance of Ac.136.00 in Tirupati,15(Fifteen)Writ petitions were filed by the farmers due to which the land cannot be utilized for the purpose which is to be given, so alternate land has been worked out by APIIC. The Government is committed to providing land with clear title in the State with due diligence unlike previous years, thereby correcting previous Government mistakes. The Government representatives would be meeting the Reliance Group to sort out the remaining land and related issues.

Adani Group

As far as Adani Group is concerned, proposals have been processed by the IT Department keeping in view the importance of the project and necessary action is being taken to process the case. The Government is in touch with the representatives of Adani Group on day-to-day basis and this case is in advanced stage.

Therefore, it is requested not to speculate on these items and carry out speculative activities as Government is committed to creating a good investment climate for all investors, the statement read.

Also Read: YS Jagan To Distribute Cheques To AgriGold Victims Today

Advertisement
Back to Top