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Yanamala Blowing Naidu Trumpet!

Yanamala Blowing Naidu Trumpet!

Finance Minister Yanamala Ramakrishnudu is known for boasting and blowing the government’s trumpet without any basis. He has been telling that MoUs worth Rs 4.5 lakh cores have been signed of which Rs 2 lakh crore worth projects have been finalized which will give employment to 2.3 lakh persons.

This was disputed by YSR Congress party legislator and Public Accounts Committee chairman B Rajendranath Reddy.

“When we put his statement to reality check, it was revealed that not Rs 1 lakh crore investments had come into the country till December 31, 2016. While the national figure is so small, how the state have such tall claims,” he asked.

Yanamala has been the Finance Minister for long in Chandrababu Naidu government and during his nine-year tenure the revenue moved southward and the state has dipped from revenue surplus to revenue deficit one. In the second term as well it is no different, he said.

Reddy accsued Chandrababu Naidu government of being adamant in going ahead with setting up of pharma units which will affect the hatcheries.

“The effluents released by the pharma unit will have a telling effect on the hatchery and the government is adamant and is going ahead with the pharma unit and has been leveling baseless allegations against the opposition,” he said.

“We are not against setting up of industries but the location matters and if hampers the functioning of other units and fishermen it is a matter of serious concern,” he said.

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