TDP in Andhra Pradesh approves allotment of 466 acres to SSEL
In a significant development, the Telugu Desam Party (TDP)-led government in Andhra Pradesh has approved the allotment of 466 acres in the Kadapa district to Shirdi Sai Electricals Limited (SSEL) for setting up a ₹4,914 crore greenfield manufacturing facility. This decision has raised eyebrows, as the TDP, while in opposition, had labelled SSEL as a “benami” (front) company for the then-Chief Minister, Y.S. Jagan Mohan Reddy, who is now the leader of the opposition.
The TDP government’s decision to grant the land to SSEL is seen as a U-turn, as the party had earlier accused the company of being a front for the YSR Congress Party (YSRCP) leader. The opposition party had alleged that SSEL was a benami company, set up to benefit Jagan Mohan Reddy and his family. However, with the TDP now in power, the party seems to have changed its stance, and the decision to allot land to SSEL has been approved.
The proposed manufacturing facility, which will be set up on the allotted land, is expected to create over 10,000 jobs in the region. The project is also expected to generate significant revenue for the state government, with an estimated investment of ₹4,914 crore. The facility will manufacture electrical equipment, including transformers, switchgears, and other related products.
The decision to allot land to SSEL has been welcomed by the company, which has expressed gratitude to the state government for its support. The company has stated that the project will be completed within a period of three years and will provide employment opportunities to local youth. The company has also promised to adhere to all environmental and social norms, and to ensure that the project is completed in a sustainable and responsible manner.
However, the opposition party, YSRCP, has criticized the TDP government’s decision to allot land to SSEL. The party has alleged that the decision is a clear example of the TDP’s double standards, and that the party has compromised its principles for the sake of power. The YSRCP has also questioned the transparency of the land allotment process, and has demanded that the government provide more information about the deal.
The controversy surrounding SSEL is not new, and the company has been at the center of a long-standing dispute between the TDP and the YSRCP. The TDP had earlier alleged that SSEL was a benami company, set up to benefit Jagan Mohan Reddy and his family. However, with the TDP now in power, the party seems to have changed its stance, and the decision to allot land to SSEL has been approved.
The decision to allot land to SSEL has significant implications for the state of Andhra Pradesh. The project is expected to create thousands of jobs and generate significant revenue for the state government. However, the controversy surrounding the company and the land allotment process has raised questions about the transparency and accountability of the government.
In conclusion, the TDP government’s decision to approve the allotment of 466 acres to SSEL is a significant development, with both positive and negative implications. While the project is expected to create jobs and generate revenue, the controversy surrounding the company and the land allotment process has raised questions about the government’s transparency and accountability. As the project moves forward, it will be important to ensure that all environmental and social norms are adhered to, and that the project is completed in a sustainable and responsible manner.
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