TDP opposed Bulk Drug Park to AP, will complete Kadapa Steel Plant: Amarnath
Amaravati, September 16: Giving reply to TDP’s criticism on the second day of AP Assembly, Industries Minister Gudivada Amarnath on Friday slammed Telugu Desam for writing a letter to the Central government raising environmental concerns over establishing Bulk Drug Park in Andhra Pradesh.
Amid stiff competition from Telangana, Tamil Nadu and Karnataka, the Centre gave approval for setting up Bulk Drug Park in AP and granted Rs 1,000 crore for creating basic infrastructure. The park will attract more than Rs 40,000 crore investments and generate thousands of direct and indirect jobs. Amarnath said that the YSRCP government is committed to setting up Kadapa Steel Plant.
Responding on the same subject, Finance Minister Buggana Rajendranath Reddy informed the House that Rs 250 crore was allotted in the Budget for Kadapa Steel Plant. “Already, Rs 37 crore was released towards compensation for acquiring Rs 480 acres,” he mentioned and adviced the TDP members to speak after knowing facts.