YSRCP Government Resorts to Damage Control After Investors Desert AP

YSR Congress Government has come under pressure after Two Big Ticket Investments have left the State in the last week. Adani Group downsized its 70000 Crore Data Center Park to a 3000 Crore investment. Reliance Industries also dropped an Electronic Manufacturing unit worth 15000 Crore Investment.

The Government has come under pressure with this news and so has planted fresh news in the media that the government allowed 19 IT Companies to set shop in Andhra Pradesh. These companies will come up in Vishakapatnam, Vijayawada, and Tirupati and will create 3000 Jobs.

Buzz in the Government circles is that most of these companies have evinced their interest in the TDP Government and their approvals were pending due to the Election Code of Conduct. The current Government did not even announce its new IT Policy to attract investments.

Even if all these companies are a credit to the current government, just 3000 Jobs were created. Meanwhile, the DPR of Adani Data Center Project (Which is now gone) said it would provide over one lakh both direct and indirect jobs at the data center park in Vizag in a phased manner.