In a dramatic development, Andhra Pradesh Finance Minister Payyavula Keshav has alleged that the opposition YSRCP is actively trying to block investments coming into the state. The claims have triggered political heat, as he presented what he called “solid proof” of an organized campaign to derail industrial growth.
According to the minister, over 200 emails were sent by individuals linked to the YCP, aimed at discouraging potential investors, especially those from abroad from investing in Andhra Pradesh. He said one individual, reportedly a YCP supporter named Uday Bhaskar, played a key role in sending these emails, which were meant to create fear and confusion among investors.
As per Keshav, these actions have already resulted in the stalling of investment proposals worth nearly ₹9,000 crore, particularly in the mining sector. He claimed that these emails included false allegations and misleading information about the government’s policies and project intentions.
The minister further added that some senior YCP leaders held press conferences, giving statements that painted the state in a negative light. According to him, this seems to be part of a larger effort to sabotage the government’s developmental plans and prevent job creation in the state.
He also pointed out that this campaign was not just limited to emails and media statements. YCP sympathizers are allegedly filing court petitions to delay or block approvals for major investment projects, adding legal roadblocks to the state’s economic progress.
Payyavula Keshav accused the YCP of using every possible tool social media, emails, legal tactics to stop progress in Andhra Pradesh. He said the TDP-led coalition government remains committed to pushing forward and will not back down due to such political conspiracies.
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