City of Destiny being converted into mortgage city, alleges Jana Sena
The Hindu
‘13 assets and 127 acres of land in Vizag was mortgaged to SBI CAP Trust’
The Jana Sena Party(JSP) activists staged a dharna under the leadership of Political Affairs Committee(PAC) member Kona Tata Rao against the mortgage of government land and public assets by the YSR Congress Party government at the Gandhi statue, near the GVMC Office, here on Monday.
Addressing the gathering, Mr. Tata Rao alleged that in the name of making Visakhapatnam city as Executive Capital’ of the State and one of the best cities in the country, the State government was cheating the people by mortgaging public assets and playing with the future of citizens. He said that the State government has not established a single revenue-generating project in the last two-and-a-half years and wondered how it could repay the loans taken from the banks.
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