Big Scam Alert -How a Two Month Old Company Landed a Multi Crore Deal With Andhra Govt | AP Politics

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The allotment of nearly 60 acres of land to a newly-incorporated data company Ursa Clusters Private Ltd, in the prime areas of Visakhapatnam by the Chandrababu Naidu government in Andhra Pradesh has triggered a major political row, leading to the media making an attempt to dig into the background of the promoters of this company.
On Tuesday, YSR Congress party leader and former Vijayawada MP Kesineni Srinivas alias Kesineni Nani came up with a sensational post on his social media handle X, exposing the man behind this alleged dubious company getting such a prime land at throwaway price.
Kesineni, who has been lying low after his defeat in the last Lok Sabha elections, tagged the chief minister in his post and disclosed that it was his brother and present Vijayawada MP Kesineni Shivanath alias Chinni, who is the mastermind behind the land allotment to Ursa Clusters. Since the NDA alliance trounced the YSRCP government in the general elections last year, chief minister and Telugu Desam Party (TDP) supremo N. Chandrababu Naidu has wanted to rebrand Andhra Pradesh as the best investment destination. In a major push to attract investments and accelerate industrial development, the recently-elected Andhra Pradesh government offered huge tracts of land for investors in anticipation of reasonable employment generation. The policy offers large tracts of land at concessional land rates, single-window clearances and sector-specific incentives to improve ease of doing business in the state.

However, the government’s recent land allocations to multiple companies to attract investments and generate employment have raised eyebrows.

The state cabinet has approved land allocations to several organisations, as per the board’s resolutions on April 10, including the Tata Consultancy Services (TCS). However, land allocations were also made to URSA Clusters Private Limited, contingent on factors such as companies proposing viable investments and projects, proper approval of their land requirements, provision of necessary infrastructure, and the extension of a special package of incentives as per the relevant procedures.

The projects for the two companies have been approved so far through the State Investment Promotion Board (SIPB).
Big Scam Alert -How a Two-Month-Company Landed a Multi-Crore Deal With Andhra Govt | AP Politics #chandrababu #telugunews #appolitics #ursa #vizaglatestnews #apnews
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