Kotha Prabhakar Reddy expresses concern over Center’s divestment of public sector firms, leading to layoffs through privatization
Posted Date – Tue, 6 Jun 23 at 11:20pm
Medak MP Kotha Prabhakar Reddy will speak at the Tealngana Industrial Growth Festival in Patancheru on Tuesday.
Sangaredy: Medak MP Kotha Prabhakar Reddy said Chief Minister K Chandrashekhar Rao has made power holidays a thing of the past and ensured uninterrupted and high-quality power supply to industries. Looking back on the struggles of industrialists who protested for uninterrupted power supply in the past, he said the chief minister had permanently resolved these issues for industrialists and workers.
The Midak MP highlighted the lack of support for industry from the central government when speaking at the Telangana Industrial Growth Festival in Patancheru, which is part of the state’s once-a-decade Inception Day celebrations. part. Reddy raised concerns about the Center’s divestiture of public sector companies, which has led to staff layoffs through privatization.
Collector A Sharath said industrialists have established 2,572 new properties in Sangareddy district since the state was formed with a total investment of Rs 28,181 crore. These industries created jobs for 188,191 people. Sharath highlighted the role of TSiPASS in streamlining the state’s industrial licensing process. Patancheru MLA Gudem Mahipal Reddy and others were present at the event.
