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Behind The Scene: Run Raja Run!

Behind The Scene: Run Raja Run!

Every time that Andhra Pradesh chief minister N Chandrababu Naidu is on the back foot on some issue in the State, he escapes to a foreign nation in the name of bringing investments to AP.

This time, with ‘Sakshi’ leaking details of the ill-gotten wealth of CBN, his son and TDP Ministers in Amaravathi, Naidu to escape the heat is running off to UK.

And here’s the official explanation for the visit: With a UK-based government agency promising British investors loans up to 85 per cent of the project cost, Andhra Pradesh chief minister Chandrababu Naidu aims at attracting investments to the tune of at least Rs 1,000 crore in the development of new capital Amaravati during his two-day visit to London next week.

The UK Trade & Investment is the government agency that has assured British companies loans up to 85 per cent of the project cost for investing in Amaravati.

Towards that end, consulting firm Pricewaterhouse Coopers (CWC) prepared an investment strategy for the companies seeking to invest in Amaravati.

“Ahead of the CM's visit to London from March 10-13, the strategy report was prepared free of cost by PWC in association with us, “said Vemuru Ravi, head of the AP Non Resident Telugu Corporation.

Why would PWC do anything free of cost? Anyways, the yellow media will splash big pictures of the successful UK visit with mind boggling figures and deals. By the time Babu comes back, everything would have been forgotten!

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