Stories
YSRCP Slams TDP Govt Over Land Allotment to "Ineligible" Company, Vows Review
- •YSRCP spokesperson Putta Shivashankar accused the TDP coalition government of allotting 40.50 acres in Baireddypalli, Chittoor district, to Ravox Agrotech for a food processing unit.
- •Shivashankar highlighted Ravox Agrotech's poor credentials, citing a paid-up capital of only Rs 9 lakh against an expected investment of Rs 1,388.14 crore, and its establishment in November 2025.
- •The YSRCP alleged that the company's directors lack experience in food processing and the necessary capital for bank loans, suggesting the allotment aims to inflate job creation figures.
- •YSRCP stated that the APIIC allocation lacks a proper basis, the project's feasibility is unclear, and incentives offered make the deal suspicious.
- •YSRCP Employees Wing State President N Chandrasekhar Reddy also criticized the coalition government for betraying employees on the Pay Revision Commission, demanding 30% Interim Relief from October.
Key Questions Answered
YSRCP criticized the TDP coalition government for allotting 40.50 acres of land in Baireddypalli to Ravox Agrotech, a company established in November 2025 with a low paid-up capital of Rs 9 lakh, arguing that its directors lack food processing experience and the allocation aims to inflate job figures.
YSRCP pointed out that Ravox Agrotech has a paid-up capital of only Rs 9 lakh while being expected to mobilize Rs 1,388.14 crore, lacks proper credentials, and features directors without food processing experience or the capital needed to raise a bank loan.
YSRCP Employees Wing State President N Chandrasekhar Reddy demanded a 30 percent Interim Relief starting from October for employees, teachers, and pensioners, while urging the government to amend the GO and expedite the PRC report process.