YSRC says all Partnership Summit MoUs are empty talk

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The Opposition YSR Congress on Monday demanded the TDP Government to publish a white paper on the MoUs signed during Naidu’s previous term with details of investments that had flown in and number of jobs created, before talking about MoUs being signed in the current round of Partnership Summit-2016.

‘The Partnership Summit which was inaugurated in Vizag was all empty talk like the previous ones and is only aimed at gaining momentary publicity,’ party MLA G Srikanth Reddy said.

“During the previous nine-year term, Chandrababu Naidu’s government had organized six Partnership summits, and publicized that over lakh crore of rupees was flowing in as capital. But not a single major industry had been set up. One of the signatories of the MoUs was the AgriGold which is now facing serious fraud charges,” he said and demanded that the Government publish a white paper on the total investment that had come in and the number of jobs provided as a result of the six Partnership Summits organized between 1994 and 2014 when TDP was in power.

Later the government publicized that MoUs worth Rs 1.14 lakh crores had been signed to generate 18,000 MW of power. The Genco website shows that the total generation including private sector doesn’t exceed 13,680 MW. Recently, Chandrababu Naidu announced that the State had signed a MoU with a Chinese company for setting up of a 10,000 MW unit. Srikanth Reddy alleged that the state government was resorting to jugglery of figures.

Srikanth Reddy wondered as to why the CM is not able to raise the issue of special status to Andhra Pradesh when union finance minister Arun Jaitley was sitting by his side in Vizag. Stating that the summit was being organized in an unrealistic manner, the YSRCP MLA said, the facts and figures of Chandrababu Naidu also sound unrealistic.

” Naidu went on to announce that the state would achieve 16 % growth rate which is just impossible. During his previous term the per capita income was very meager when compared to YSR term and the TDP government was always having a revenue deficit while it was in surplus during YSR term,” he said.

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