Jana Sena Party (JSP) Political Affairs Committee chairman Nadendla Manohar said the New Industrial Policy (NIP) brought out by the State government was devised in such a manner as to suit the interests of a few companies owned by Chief Minister Y.S. Jagan Mohan Reddy’s close acquaintances.
For instance, Indosol Solar Pvt. Ltd., (ISPL) to which 5,148 acres was allotted near Ramayapatnam port on lease for ten years, became the owner of the land after the NIP came into effect, he claimed.
Addressing a press conference at the JSP office near Mangalagiri on Wednesday, Mr. Manohar said all rights on the land have been vested with ISPL. In addition to this, the government has planned to hand over another 3,200 acres to the private company which has the backing of Shirdi Sai Electricals Limited.
