YSRC demands white paper on Naidu’s foreign tours
Posted January 24th, 2018, 09:56 AM IST

VIJAYAWADA: Demanding a White Paper on the expenditure of Chief Minister Mr N. Chandrababu Naidu’s foreign trips during his term in office and the resultant investments that have flown in, YSR Congress has said that Mr Naidu was using the trips for self-promotion at the cost of public money.
Speaking to reporters here on Tuesday, party spokesperson Mr. Bathula Brahmananda Reddy said the Chief Minister had visited foreign countries on 17 occasions in this term so far. He had used chartered flights and his entourage had always been a big contingent but there has been no positive and tangible response in terms of inflow of capital, setting up of industries or employment creation.
The Partnership Summits and Entrepre-neurs meetings too ended as publicity affairs with numerous MoUs signed but no further progress being made.
“It seems that Chandrababu Naidu has been going to foreign nations only to stash away the ill-gotten cash and has been taking greenhorn Lokesh in tow as a trainee to learn the nuances of the money laundering exercise. The two CII summits ended up with tall claims of Rs 4.97 lakh crore investment and over 10 lakh jobs in 2016 and Rs 10.54 lakh crore investment and 22 lakh jobs in 2017 which served as a big publicity event but not a single industry was set up nor was any employment opportunity generated,” Mr Reddy said.
He added that when YSRC MP and National general secretary, Mr V. Vijay Sai Reddy had raised the question in Rajya Sabha of the inflow of investments into the state, he was told that the investments did not cross beyond the MoU stage which showed that it was only self-promotion that mattered for Mr Chandrababu Naidu.
“He has toured Singapore, Japan, China, the US, UK, Switzerland, UAE, South Korea and other countries taking with him his coterie and bureaucrats ranking from secretary to clerks using public money but the entire exercise has yielded no positive results, the YSRC leader said.
Speaking to reporters here on Tuesday, party spokesperson Mr. Bathula Brahmananda Reddy said the Chief Minister had visited foreign countries on 17 occasions in this term so far. He had used chartered flights and his entourage had always been a big contingent but there has been no positive and tangible response in terms of inflow of capital, setting up of industries or employment creation.
The Partnership Summits and Entrepre-neurs meetings too ended as publicity affairs with numerous MoUs signed but no further progress being made.
“It seems that Chandrababu Naidu has been going to foreign nations only to stash away the ill-gotten cash and has been taking greenhorn Lokesh in tow as a trainee to learn the nuances of the money laundering exercise. The two CII summits ended up with tall claims of Rs 4.97 lakh crore investment and over 10 lakh jobs in 2016 and Rs 10.54 lakh crore investment and 22 lakh jobs in 2017 which served as a big publicity event but not a single industry was set up nor was any employment opportunity generated,” Mr Reddy said.
He added that when YSRC MP and National general secretary, Mr V. Vijay Sai Reddy had raised the question in Rajya Sabha of the inflow of investments into the state, he was told that the investments did not cross beyond the MoU stage which showed that it was only self-promotion that mattered for Mr Chandrababu Naidu.
“He has toured Singapore, Japan, China, the US, UK, Switzerland, UAE, South Korea and other countries taking with him his coterie and bureaucrats ranking from secretary to clerks using public money but the entire exercise has yielded no positive results, the YSRC leader said.
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