KCR Slams Congress Govt for Abandoning Pharma City Project
Hyderabad: Former Chief Minister and BRS President K. Chandrashekar Rao has strongly criticized the current Congress government, led by Chief Minister A. Revanth Reddy, for what he perceives as their transformation into real estate brokers. Speaking at a press conference held at the BRS headquarters, Telangana Bhavan, Rao accused the government of abandoning the Pharma City project, which was initiated by his previous BRS administration.
Rao took particular issue with the Congress government's decision to unveil the Future City project on the same 14,000 acres of land that was originally earmarked for the Pharma City. “We planned a comprehensive pharmaceutical hub, complete with a pharma university and a medical college, to create a robust ecosystem. Now, this CM (Revanth Reddy) has signed a MoU giving away 3,000 acres to Vantara for a zoo. What is the purpose of a zoo in Hyderabad? Is it just to sell off the land?” Rao questioned.
He further emphasized that the mere signing of Memorandums of Understanding (MoUs) and claiming large sums of investments does not equate to actual development. “If this were true, then AP CM N. Chandrababu Naidu should have had at least a few thousand crores invested in his state after holding a similar event in his first term. Growth happens in stages and requires dedicated and hard work by the government,” Rao stated.
Rao also accused the Congress government of prioritizing real estate business over genuine development. “The entire focus of the government is on real estate dandha (business). They are acting like brokers, only interested in selling land,” he said. This criticism comes at a time when the state is witnessing a surge in real estate activities, raising questions about the government's commitment to long-term developmental projects.
The BRS leader’s comments highlight the ongoing tension between the current government and the opposition, particularly regarding the allocation and utilization of land for developmental projects. Rao’s stance underscores the need for a more balanced approach to development, one that prioritizes the creation of sustainable infrastructure and educational institutions over short-term real estate gains.
The Pharma City project was initially conceived to boost Hyderabad’s standing as a global pharmaceutical hub. The abandonment of this project and the subsequent allocation of land for other purposes have sparked debates about the government’s priorities and its impact on the state’s economic future. Rao’s criticism serves as a reminder of the importance of consistent and strategic planning in achieving long-term developmental goals.
