KCR Accuses Congress Govt of Acting as Real Estate Brokers
Hyderabad: Former Chief Minister and BRS President K. Chandrashekar Rao has strongly criticized the current Congress government, accusing it of acting like real estate brokers. During a press meet at the BRS headquarters, Telangana Bhavan, Rao attacked Chief Minister A. Revanth Reddy for abandoning the Pharma City project, which was initiated by the previous BRS government.
Rao referred to the recent Telangana Rising summit at the Bharat Future City, where numerous Memorandums of Understanding (MoUs) were signed, claiming lakhs of crores in investments. He dismissed these claims, stating that mere MoUs do not equate to actual growth. “If this was true, then AP Chief Minister Chandrababu Naidu should have had at least a few thousand crores invested after holding a similar event in his first term. Growth happens in stages, with dedicated and hard work by the government,” Rao emphasized.
The BRS leader took particular issue with the Congress government’s decision to abandon the Pharma City project and replace it with the Future City initiative on the same 14,000 acres of land. “We planned a clean pharma city, a pharma university, and a medical college, creating a complete ecosystem. Now, this CM (Revanth Reddy) has gone and signed an MoU giving away 3,000 acres to Vantara for a zoo. What is he going to do with the zoo in Hyderabad? Sell away its land,” Rao questioned.
Rao further accused the Congress government of prioritizing real estate over the welfare of the state. “They are acting like real estate brokers, and all they are interested in is selling land. Their entire focus is on real estate dandha (business),” he said. This criticism highlights the ongoing tension between the BRS and the Congress party, with Rao emphasizing the need for a more responsible and forward-thinking approach to development in Telangana.
The Pharma City project was initially designed to create a world-class pharmaceutical hub, fostering innovation and job creation in the healthcare and pharmaceutical sectors. Rao’s criticism underscores the importance of long-term planning and the potential consequences of shifting priorities. The abandonment of the Pharma City project and the reallocation of land for a zoo have raised questions about the government’s commitment to sustainable and inclusive development.
In conclusion, K. Chandrashekar Rao’s allegations against the Congress government highlight the contentious nature of political differences in Telangana. While the government defends its actions as necessary for economic growth, Rao’s critique calls for a more transparent and accountable approach to public land management and development projects.
