During the tenure of former AP CM YS Rajasekhar Reddy, many people alleged that there were irregularities in allocating mines.It was an open fact that mining Baron Gali Janardhan Reddy benefited the most, thanks to the grace of YS Rajasekhar Reddy.The death of Rajasekhar Reddy exposed the cheap politics in Congress, and bifurcation of Andhra Pradesh further pushed it down the gutter.
It was then YS Jagan stepped into the scene, and after serving in the opposition for 5 years, he is back to power.
Everyone knows about YS Jagan KCR Dostana.Looks like this friendship has prompted YS Jagan to allocate mining licenses to KCR’s close friend.
KCR’s friend, Kurnool-based businessperson Jupally Rameshwar Rao managed to acquire Sri Jaya Jyothy Cement Company.Soon he changed the name to Maha Cement.
Though Sri Jaya Jyothi acquired mining lease permissions in 2012, the new board formed after the takeover had to re-apply for licenses.This is where KCR appeared.
Thanks to his influence, YS Jagan has granted a mining license lease for Jupally Rameshwar Rao Maha Cement group for 50 years.Looks like YS Jagan KCR Dostana is deeply going to hurt the people of both the states.