Amaravathi, Dec 3: The former MLA and senior TDP leader, Mr Dhulipala Narendra Kumar, on Saturday said that the industrial sector in Andhra Pradesh has totally collapsed with the imposition of ‘J’ tax, faulty policies of the Government and harassment of the industrialists by the ruling YSRCP leaders.
Talking to media persons at the party headquarters here, Mr Dhulipala Narendra said that the ruling party of the neighbouring State of Telangana is really feeling happy with the policies adopted by the Chief MInister, Mr Jagan Mohan Reddy, that except the units owned by the ruling YSRCP leaders no other industry should survive in Andhra Pradesh. The industrialists are openly admitting that they are leaving the State since they could not pay the unnecessary taxes being imposed on them.
“However, the companies owned by Mr Jagan and his associates in the State are flourishing,” he said, adding that the Government of Telangana, which is getting elated as investments are moving there, is saluting Mr Jagan. When the TDP was in power, Andhra Pradesh competed with Gujarat in attracting investments but now the State has touched the 14th position, Mr Narendra pointed out.
Mr Dhulipala Narendra said that the statistics clearly indicate that when the TDP was in power, between 2014 and 2019, a total of 237 major and medium industrialists had invested Rs 62,523 cr creating employment to 93,200 persons, while 37,956 small industrialists invested Rs 16,000 cr creating employment to 4,000 persons. How long Mr Jagan takes the people for a ride by claiming that the industrialisation is progressing well now as the Government statistics are clearly mentioning that the industrialisation is moving at a snail’s pace, he said.
Making it clear that the policies adopted by Mr Jagan that the only companies owned by him or his associates should survive and others should not launch any industry has become a bane for the State, Mr Narendra said that the Aurobindo company is owned by a binami of the Chief Minister. Why shares in Gangavaram Port were handed over to the Adani Group at such a cheaper price, he asked.
Pointing out that big industries like the Navayuga Company are moving out of Andhra Pradesh as they are unable to bear the harassment by the Government, Mr Dhulipala Narendra stated. No need to mention as to why the Amara Raja Batteries, owned by the TDP MP, Mr Galla Jayadev, moved to Telangana, he added.
The Lulu Group which was ready to invest Rs 7,000 cr in the port city of Visakhapatnam during the TDP regime, moved to Uttar Pradesh after Mr Jagan came to power, Mr Narendra said. The Jackie company too bid goodbye to Andhra Pradesh as the management was unable to bear the harassment by the local public representatives, he added.
Mr Dhulipala Narendra Kumar demanded that the Rs 7,000 cr subsidy which is due to the industries be paid immediately and the Government stop harassing the investors.
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