TD: YSR kin earnings will be Rs 16L cr

The Telugu Desam has unleashed its latest allegation: that YSR Congress chief Y.S. Jagan Mohan Reddy, his family, relatives and ben-amis would rake in a whopping Rs 16.63 lakh crore in the next 10-15 years through the lease of various mines across AP.

TD politburo member Dadi Veerabhadhra Rao observed that the public money they earn through the lease of mines was enough to run the state for years without taxing people.

He said the state’s major minerals, mines and lands were now in the hands of Jagan benamis.
Jagan, he went on, had established the YSRC with a single-point agenda. He wanted people to vote him into power so he could protect his ill-gotten wealth and ‘loot’ the state some more.

Mr Veerabhadhra Rao felt that the allotment of lands to various companies and individuals and mines should be scrapped. “People should think twice before casting their vote to such looters,” he said strongly.

He pointed out that the YSR regime had allotted 94,038 acres of land to various companies and individuals worth Rs 33,935 crore.

Similarly, the then-government had leased out various types of mines to the tune of 1,81,079 acres, which would accrue an income of Rs 16,63, 400 crore in the next 10 to 15 years!

Mr Veerabhadhra Rao buttressed his argument by providing facts and figures and said that the family’s presence was in Khammam, Ranga Reddy, Srikak-ulam, Vizianagaram and Visakhapatnam, East Godavari, West Goda-vari, Guntur, Prakasam, Nellore, Chittoor, Anant-apur, Kadapa and Kurn-ool districts, besides other parts of the state.

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