Yanamala questions need for SEZ in Kakinada

Staff Reporter

Rajahmundry: Telugu Desam Party leader and former Finance Minister Yanamala Ramakrishnudu has alleged that the State Government intends to do real estate business in the name of establishing another Special Economic Zone in Kakinada.

He has questioned the necessity of acquiring 2,000 acres of fresh land as the previous Government had already acquired lands between Samalkot and Rajahnagaram in East Godavari district to establish industries.

Addressing a press conference here along with Ganni Krishna, TDP district campaign committee chairman and Rajahmundry TDP unit town president Adireddy Apparao on Thursday, he recalled that the TDP Government had established SEZ in Rambelli mandal in Visakhapatnam district and that the Congress had opposed land acquisition then.

He asked as to how many industries had signed MoU with the Government to establish new ventures in proposed SEZ in Kakinada.

`No clear picture'

He also sought to know the exemptions and benefits being extended to the proposed units in the SEZ. "The Congress is only interested in restoration of the Legislative Council and not in obtaining clearances for projects or new industries," Mr. Ramakrishnudu said.

He said that an ONGC Refinery or any other major industry near Kakinada was possible only when the Government comes out with a clear picture. Not a new project was launched since the Congress came to power, he said.

He also found fault with the Government not publishing quarterly, half-yearly reports on its fiscal status.

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