Why Ganta demands financial capital status for Vizag?

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Visakhapatnam is not in the list of 4 Capital Cities to be created if YCP Government shuts down Amaravati as per existing rumours. Vizianagaram figured in the list as likely capital for the three districts of North Coastal Andhra. This has triggered angry reactions from Vizagites against Minister Botsa Satyanarayana who hails from Vizianagaram district.

It is well known that currently Vizag is the largest city in Andhra. It has got a major port, Navy, big industrial establishments, airport, IT and pharma hubs. This is why Visakhapatnam has already become popular as the financial capital of Andhra. Only because of its geographical disadvantage, it couldn’t be made administrative capital of the entire Andhra Pradesh. How is it that rumours floated Vizianagaram name in place of Vizag? Doubts arose whether regional strong leader Botsa has played his own game in the multiple capitals master plan.

Apparently sensing murky politics, Ex Minister Ganta Srinivasa Rao made a smart demand for announcing Vizag as the financial capital. There’s no such status in any other state. Even Mumbai is called financial capital of India just because most top industrial groups are headquartered there.

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