Terming the leasing of the Outer Ring Road (ORR) to a private party by the government as a big scam, TPCC president A. Revanth Reddy said the project that would generate ₹30,000 crore in the next 10 years was leased out for just ₹7,380 crore.
Speaking to reporters here, Mr. Reddy alleged that huge sums had changed hands in the deal. The ORR, which is estimated to grow at least 10% annually, cannot be given away at a throwaway lease price, he said.
He said the Congress government would surely review the lease as soon as it comes to power after the next elections and warned that those behind this ‘shady’ deal will not be spared. “In fact, all the decisions taken by former chief secretary Somesh Kumar, Special Chief Secretary Municipal Administration Arvind Kumar and IT Secretary Jayesh Ranjan will be reviewed,” he said.
