A big jolt to MP Jayadev
AP govt takes back land from Amara raja industries
This is a shocking decision taken by the AP government towards MP of TDP Galla Jayadev. The government has taken back the land from Amara Raja industries owned by Jayadev for not initiating any industry in those lands.
Andhra Pradesh government has taken back 253.61 acres of land allotted to the company Amara Raja Infratech in Chittoor district. Orders are released by the government today. The orders says that the company had violated the terms and conditions of the agreement and did not fulfil the promise to bring investment and promised employment criteria and held the potential land worth over Rs 60 crore.
The land was part of 483.27 acres allotted to Amara Raja Infratech by AP Industrial Infrastructure Corporation (APIIC) during the Y S Rajasekhar Reddy regime in 2008 for setting up of a digital world city and industrial park at M.Kothapally village of Yadamarri mandal and Nunegundlapally village of Bangarupalem mandal which was declared as special economic zone. The land was transferred to the company in October 2010 .
As per the agreement, Amara Raja Infratech was supposed to utilize the allotted land for the purpose for which it was allotted within the specified time of 2 years, failing which the company was bound to surrender the land. However, the company had not taken up any construction in the part of the land and utilised only 229.66 acres.
“The company has not brought in investments worth Rs 2,100 crore and provided employment to 20,000 people. So far, only 4,310 people got the employment,” the order said.