BRS govt backtracked from VSP bidding due to poor financial condition of state: BJP

Hyderabad: Telangana state BJP official spokesperson N.V. Subhash alleged that the BRS government had backtracked from filing the Expression of Interest (EoI) for participating in the bidding of the Visakhapatnam Steel Plant (VSP) after realising that the state’s finances are deteriorating. He demanded that Chief Minister K. Chandrasekhar Rao’s son K.T. Rama Rao should give an explanation over why the government stepped back from the proposal in the last minute.

The BJP also took exception to Chief Minister K Chandrasekhar Rao’s son and minister K.T. Rama Rao levelling baseless allegations that the Narendra Modi-led government at the Centre wanted to handover the steel plant to an industrialist. “KTR had said that the BRS showed interest to participate in the bid to prevent the industrialist from acquiring the steel plant but later fell silent knowing that the financial condition in Telangana is not encouraging and that it cannot invest crores of rupees in the VSP,” the BJP leader said.

Subhash charged Chief Minister K. Chandrasekhar Rao with deceiving the people in Telangana with his false promises. KCR succeeded in the carving of separate Telangana by stoking people’s sentiment and now, after changing the TRS into BRS, he wants to show his presence in other states too by doing some other gimmicks, he said.

He ridiculed the BRS government for not being able to deposit the salaries of the employees regularly but being interested in buying the VSP existing in neighbouring Andhra Pradesh. “It is just to gain political mileage that the BRS government created a buzz regarding the EoI for VSP,” Subhash said.

Reminding that the BRS made tall claims about revival of several factories in the state including the Nizam Sugar Factory, the BJP leader said that it would be better if the government can focus on fulfilling those promises rather than investing in other states.

Subhash said that 29 companies, including six from outside India, filed EoI to participate in the bidding for VSP.