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Nrules
Junior Artist Username: Nrules
Post Number: 147 Registered: 10-2012 Posted From: 79.170.53.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 18, 2013 - 01:07 pm: |
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Four years on, there's no sign yet of the steel plant. Mr Reddy, however, managed to raise Rs. 350 crore by using the land that he had procured for just Rs. 18 crore from the YSR government. He also reportedly exported 54 lakh tonnes of iron ore that was meant to be used by the steel plant. |
   
Nrules
Junior Artist Username: Nrules
Post Number: 146 Registered: 10-2012 Posted From: 79.170.53.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 18, 2013 - 01:05 pm: |
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More skeletons continue to tumble out of the Reddy closet. It has now emerged that Gali Janardhana Reddy, the jailed former Karnataka minister and one among the trio of the powerful Reddy brothers from Bellary, made crores out of a fictitious steel plant aided by former Andhra Pradesh chief minister Y S Rajasekhara Reddy. Even though the plant never came up, Mr Reddy was allowed to export all the iron ore that he was exclusively permitted to in the name of the project. Mr Reddy was allotted 10,760 acres of government land by the YSR government in 2007 for the setting up of a Rs. 20,000-crore captive steel plant. Named Brahmani Steels, the plant at Jammalamadugu in Andhra Pradesh's Kadapa district was inaugurated with much fanfare with YSR arriving in a chopper. Also in attendance were the chief minister's son Jagan Mohan Reddy and several of his cabinet colleagues. But the largesse by the YSR government didn't end there. It also gave another 4000 acres of land to Mr Reddy for developing an airport with the promise of generating 10,000 direct jobs and other one lakh indirect jobs via the two projects. "We will also make a big airport here. Like Hyderabad, Chennai and Bangalore, aircraft will come and land right here", Mr Reddy had proclaimed. |
   
Gandhiguevara
Legend Username: Gandhiguevara
Post Number: 37910 Registered: 10-2009 Posted From: 98.194.214.250
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 18, 2013 - 01:03 pm: |
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okati domestic inkoti direct to jerusalem |
   
Nrules
Junior Artist Username: Nrules
Post Number: 145 Registered: 10-2012 Posted From: 79.170.53.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 18, 2013 - 01:03 pm: |
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The CAG observed that as per the existing policy of the Indian government, setting up of a commercial airport under private management is not allowed. The authorities also did not ensure the suitability of the site for setting up of an airfield. Moreover, the government had allotted the land after resuming the same from Schedule Tribe cultivators to whom it was originally assigned, even as an appeal by an individual claiming ownership of the land was pending before the Kadapa district judge. The CAG said although the land required for the proposed airport was only around 2,500 acres, the YSR government magnanimously allotted 3,115.64 acres to Brahmani. Read more: http://www.dailymail.co.uk/indiahome/indianews/article-21223 83/Flying-returns-Bellary-minelord-airport-planned-just-50km -existing-airfield.html#ixzz2NudZILp6 Follow us: @MailOnline on Twitter | DailyMail on Facebook |
   
Senapathy
Moderator Username: Senapathy
Post Number: 14925 Registered: 01-2009
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 18, 2013 - 01:03 pm: |
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Two airports always better than one, how you missed such simple logic. I am struck by the lightning of love and burnt beyond repair - Florentino Ariza
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Nrules
Junior Artist Username: Nrules
Post Number: 144 Registered: 10-2012 Posted From: 79.170.53.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 18, 2013 - 01:02 pm: |
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What's more ironical is that while the Kadapa airport is spread over just 600 acres of land, the YSR government had allotted a huge 3,115.64 acres to the Reddy brothers to set up a new airport and a flying academy. Read more: http://www.dailymail.co.uk/indiahome/indianews/article-21223 83/Flying-returns-Bellary-minelord-airport-planned-just-50km -existing-airfield.html#ixzz2NudAZG3B Follow us: @MailOnline on Twitter | DailyMail on Facebook |
   
Nrules
Junior Artist Username: Nrules
Post Number: 143 Registered: 10-2012 Posted From: 79.170.53.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 18, 2013 - 01:00 pm: |
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Can the construction of a commercial airport under private management be allowed when there's already an airport within a distance of 50 km? Well, former Andhra Pradesh chief minister Y.S. Rajasekhara Reddy believed it could. YSR went out of his way to magnanimously allot land to former Karnataka BJP minister and mining tycoon Gali Janardhan Reddy and his brothers at Jammalamadugu in Kadapa district for building an airdrome. Ironically, the proposed commercial airport was just 50 km away from the existing Kadapa airport. Read more: http://www.dailymail.co.uk/indiahome/indianews/article-21223 83/Flying-returns-Bellary-minelord-airport-planned-just-50km -existing-airfield.html#ixzz2Nucd3hCP Follow us: @MailOnline on Twitter | DailyMail on Facebook |