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Why Singapore company for AP capital?

Why Singapore company for AP capital?

The land pooling policy of the Telugu Desam Party government for formation of new capital city around Vijayawada is aimed at benefitting a couple of companies close to the ruling party leadership.

This was the opinion expressed by YSR Congress party on Tuesday. Party spokesman Dharmana Prasada Rao said the State government’s decision that two private companies will be taking up the building of the capital is a move heavily loaded with commercial interests.

“Till recently the Chief Minister gave an impression that Singapore would partner with the State Government in capital formation but the State made it clear, after the preliminary discussions on the land acquisition, that it would only provide technical know-how and expertise while the building of the capital would be done by two private companies. Turning the capital formation into a mercantile activity is unbecoming of a State Government in a democratic set-up,” he said.

While acquiring land the Central Act should be taken into account and the decision should stand legal scrutiny.

As the land proposed to be acquired is very fertile the farmers should get the benefit and be stake holders of the development process but not a couple of companies that have close connections with the state government, he said adding that the State has violated the crucial law of discussing the issue with all stakeholders.

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