TDP leader Chandra Babu Naidu recently posted about an article in his Twitter account which says that few Global Companies are all set to file cases on AP government. Chandra Babu Naidu stated that he is feeling embraced to see this sort of things happening to Andhra Pradesh.
It is known that YSRC government revisited few already signed projects and canceled the contracts citing various issues. Indian as well as International companies faced few issues and losses due to the change in plans. Few Crores worth of projects and few lakhs of jobs went to the neighboring states. Now, the companies which encountered loss of money and time were said to be in the process of filing cases on Andhra Pradesh.
On one side YSRC is showing in the media that they gave 4 lakh jobs in 5 months and on the other side, the media is showing that YSRC’s policies and strategies are destroying the future of Andhra Pradesh. Central government is bringing in few new laws to safeguard the foreign investments in all the states limiting the unilateral decisions of the state governments.