YCP govt realized its mistake and sent an invitation back to Franklin Templeton

94,676FansLike
53,280FollowersFollow

(Do you want to make an impact with your content? Interested in writing Movie or Politics or General stories? contact us at [email protected])

The state government has finally extended an invitation to the Fortune-500 company Franklin Templeton. AP government asked the firm to build and invest in Visakhapatnam. It is learned that Karikala Valavan, Special Principal Secretary, Department of Industries, has written a letter to the company stating that the govt will allocate the required land. Intensive efforts were made during the last government to welcome the Franklin Templeton Company to Visakhapatnam.

After negotiations, the company agreed to come to Visakhapatnam. The land allotment agreement was signed in 2017. The company has invested about Rs 500 crore and agreed to provide high-end jobs to about 2,000 people. After the MoU, 40 acres of land was also allotted in Visakhapatnam.

However, the YCP, which is in opposition that day, has accused the TDP government of massive corruption in the allocation of land. After the YCP came to power in 2019, the land allotted to that company was allotted to another company. Recently the YCP government realized its mistake. About 25 acres of land will be allotted and invited to invest in Visakhapatnam itself. Officials say that they are waiting for a response from the firm.

1 COMMENT

  1. Fantastic page design, even better page. The only thing is, I have been having a bit of trouble bringing up this page, not sure if it’s my connectivity or what. Seems like other responders might be having the same issue. Thanks for the info anyway! Cheers, Mate!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Silver Screen

Allu Arjun fully recovers from COVID

Icon star Allu Arjun has fully recovered from Covid and tested negative for the virus, as confirmed by himself a short while ago. “Hello everyone!...

Rajnikanth wraps up Annaatthe shoot

Rajnikanth has reportedly wrapped up his portion of Annaatthe following a non-stop 35-day schedule in Hyderabad. Rajini’s portion was shot on priority basis, given his...

Megastar Chiranjeevi donates Rs 1 lakh to TNR’s family

The passing away of renowned interviewer and actor TNR has come as a rude shock to Telugu media and cine fraternity. Condolences have been...

Exclusive: Krithi Shetty denies director Teja’s offer

Young actress Krithi Shetty, who played a promising role 'Uppena', has shot to fame instantly and offers has been flooded to the cute girl...

Exclusive: Rajamouli’s RRR Teaser on this Auspicious occasion

The fans of Jr NTR and Ram Charan are eagerly waiting for some exclusive update from SS Rajamouli's upcoming magnum opus RRR, aka Ranam...

Politics

AP CM YS Jagan targets Ramoji Rao relative on vaccine making..?

AP CM YS Jaganmohan Reddy penned a letter to Prime Minister Narendra Modi, especially on the issue of oxygen and vaccines. In the letter,...

One more case booked on Chandrababu Naidu!

Another case has been booked on Telugu Desam National President and former Chief Minister of Andhra Pradesh, Chandrababu Naidu in Guntur. The Arandalpet police...

Jagan write another letter to Modi, on Bharat Biotech this time

Andhra Pradesh Chief Minister has written yet another letter to Prime Minister Narendra Modi today, as his government continues to face severe criticism on...

Is it humane to stop ambulances, Telangana HC outraged on TS govt

The Telangana High Court has expressed outrage over the Telangana government for obstructing the ambulances with corona victims coming for emergency treatment from AP...

Jagan responds to Ruia hospital incident

AP CM Jagan mourned the death of corona patients in Ruia hospital in Tirupati due to lack of oxygen. The CM held a video...

Most Read

Allu Arjun fully recovers from COVID

Icon star Allu Arjun has fully recovered from Covid and tested negative for the virus, as confirmed by himself a short while ago. “Hello everyone!...

Covid-19 deaths in India touch record 4,205 in 24 hours

In another grim record, India has reported 4,205 new deaths because of deadly Coronavirus in the last 24 hours. This is the first time...

AP CM YS Jagan targets Ramoji Rao relative on vaccine making..?

AP CM YS Jaganmohan Reddy penned a letter to Prime Minister Narendra Modi, especially on the issue of oxygen and vaccines. In the letter,...

Rajnikanth wraps up Annaatthe shoot

Rajnikanth has reportedly wrapped up his portion of Annaatthe following a non-stop 35-day schedule in Hyderabad. Rajini’s portion was shot on priority basis, given his...

Megastar Chiranjeevi donates Rs 1 lakh to TNR’s family

The passing away of renowned interviewer and actor TNR has come as a rude shock to Telugu media and cine fraternity. Condolences have been...