Y.S. Jagan Mohan Reddy (born December 21, 1972) is an Indian politician and member of the Parliament of India, representing the Kadapa constituency. His political party is the Indian National Congress. He is the Son of the current Chief Minister of Andhrapradesh Mr. Y.S. Rajasekhara Reddy.[1]. He is popularly known as jagan.

Saturday, July 4, 2009

487 acres land for YSR son's firm

Cabinet approves allotment of the land to the cement company


  • The land to be sold to the company at the rate of Rs. 1 lakh per acre
  • The Chief Minister asks Ministers to take decision on land sale

    HYDERABAD: The State Cabinet has approved allotment of 487.20 acres of land at Thippalur and Nallingapalli in Kadapa district to Hyderabad-based M/s Raghuram Cement Company, which has Chief Minister Y. S. Rajasekhara Reddy's son Y. S. Jaganmohan Reddy as its director, for setting up a cement factory.

    The land will be sold to the firm at Rs. 1 lakh per acre. The actual market rate prevailing in the area is stated to be around Rs. 15,000-18,000 per acre but the district Collector recommended a price of Rs. 50,000 per acre in case of the cement company.

    However, the Chief Commissioner, Land Administration, had finally fixed the rate at Rs. 1 lakh per acre nearly six times higher than the market rate. The allotment for this rate was approved by the Cabinet meeting here on Thursday.

    When this issue came up for discussion, the Chief Minister is stated to have left the meeting-hall, leaving the matter to Ministers. The Ministers unanimously approved the alienation. But, many of them reportedly held the view that the price at Rs. 1 lakh per acre was on a higher side. They contended that larger extents were allotted to industries several times and for a "throw-away" price. "Why should a firm suffer just because of the Chief Minister son's connection ?" some of them were stated to have asked.

    The Cabinet also sanctioned 14 posts to the State Human Rights Commission--one each of IG, Additional SP and DSP ranks, two of CI, three SI and 14 constables; and 54 posts to the Rajiv Gandhi Institute of Medical Sciences, Kadapa--one Principal, 7 Professors, 8 Assistant Professors, 6 lecturers, 13 assistant lecturers and others.

    It also cleared allotment of 246 acres to Grey Hounds at Lakshmipuram in Kurnool district for setting up a regional commando unit.

    Source : The Hindu.

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