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KCR To Gift 'Industries' To KTR!

KCR To Gift 'Industries' To KTR!

Telangana Chief Minister K Chandrasekhar Rao, who recently gifted his son and IT minister K T Rama Rao with municipal administration department for his crucial role in ensuring landslide victory for TRS in recent GHMC elections, is all set to make him Minister for Industries too soon.

The municipal administration portfolio was held by CM himself for the last 20 months, which has now been handed over to KTR.

Currently, Jupally Krishna Rao is the minister for industries in Telangana cabinet. TRS party sources said Jupally will soon be stripped off industries portfolio and would be handed over to KTR.

This is because KCR strongly feels that only KTR with his 'corporate looks' and with his fluency in English in both US and British accent besides good Hindi speaking skills can do complete justice to industries portfolio while interacting with chiefs and CEOs of Multi National Companies across the globe and top notch companies in India. KCR feels Jupally would be no match to KTR in this regard.

Though Jupally continues to be the industries minister for the last 20 months, KTR has been playing an active role by meeting top MNCs, corporates and industrialists seeking investments in Telangana across the globe.

Even on Monday, KTR toured Mumbai and met Tata Group chairman Cyrus Mistry and Reliance Group chairman Mukesh Ambani seeking investments in Telangana.

KCR now wants KTR to be made official industries minister. However, to compensate Jupally for this loss, KCR wants to transfer the portfolio of Panchayat Raj and Rural Development, which is being held by KTR for the last 20 months.

This will send signals that KCR was not marginalising Jupally but simply exchanged the portfolios between KTR and Jupally.

KCR is of the opinion that the ministry of panchayat raj and rural development will not match the stature and capability of his high-profile US educated son and it will be ideal for KTR to hold portfolios of Information Technology, Industries and Municipal Administration and Urban Development, which deal with urban areas.

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Tags: GHMC Industries Jupally Krishna Rao KCR KTR Mumbai Reliance Industries