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Jagan Wins Over Naidu On AgriGold

Jagan Wins Over Naidu On AgriGold

Chief Minister Y S Jagan Mohan Reddy had won one step above his predecessor N Chandrababu Naidu, in dealing with the controversial AgriGold issue.

Though the issue came to the light during Naidu’s regime, the TDP government did nothing to do justice to the depositors except arresting the chairman and managing directors of the company.

The depositors, who were in a few lakhs, held series of protests and some agents committed suicide due to pressures from the depositors.

But, Naidu did nothing to help anyone, excepting proceeding further to grab the prime asset of the AgriGold, the Hailand project at Chinakakani, on the outer boundary of Amaravati capital city.

But, Jagan Mohan Reddy, in just a span of five months in office, is making payments to 3.99 lakh depositors whose deposits were less than Rs 10,000.

The money would be paid to these depositors’ accounts today by the government and Jagan Mohan Reddy is launching it in Guntur.

Interestingly, Jagan Mohan Reddy is making his next move to pay the depositors of Rs 10,000 above and Rs 20,000 below in the next phase and this would benefit another 3 lakh people.

That is the difference between the man of words and man of works. By helping the unlucky depositors in five months, Jagan Mohan Reddy climbed several feet height than Naidu who could not make any payment in five years.

The response from the depositors’ association, which is headed by the CPM leaders, is enough indication to see where Jagan Mohan Reddy stands and to where Naidu slipped down.

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Tags: Agri Gold Andhra Pradesh Chandrababu Naidu CM Jagan