ANDHRA PRADESH

YSRC seeks white paper on investment flow

The YSR Congress has demanded that the government release a white paper on the investments made in the State ever since the Telugu Desam Party took over the reins.

The YSRC pooh-poohed the claims of the TDP leaders about the flow of investments into the State, and said that they did not match reality.

“The claims are just tall talk by Chief Minister N. Chandrababu Naidu. In fact, there is hardly any investment made in the State. The government should clarify the doubts by releasing a white paper on the issue,” YSRC spokesman K. Parthasarathy said on Friday.

He alleged that there was rampant corruption in the State, and this had become a hindrance for the prospective entrepreneurs.

The latest indication of the faulty policies is the Swiss Challenge method for the construction of capital.

The method was rejected by an expert committee appointed by the Central government and even the Supreme Court expressed its reservations against it, he said.

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