Incorrect to say Telangana stir hampered Andhra progress: TRS

TRS today claimed that the there is no truth in the reported comments of Andhra Pradesh Chief Minister K Rosaiah that the separate Telangana agitation has hampered the state`s progress.

Updated: Sep 14, 2010, 22:52 PM IST

Hyderabad: TRS today claimed that the
there is no truth in the reported comments of Andhra Pradesh
Chief Minister K Rosaiah that the separate Telangana agitation
has hampered the state`s progress.

"The Chief Minister should not twist the facts. It is
not correct for him to say that Telangana agitation hampered
the state`s progress. The Gross State Domestic Product (GSDP)
this year is 9.26 per cent which is 0.45 per cent higher than
the national average. The growth rate last year was 7.68 per
cent," TRS MLA and party president K Chandrasekhar Rao`s son K
T Rama Rao told reporters here.

"The state`s revenue this year is Rs 55,548 crore, an
increase of Rs 4,700 crore from last year," he said.

"These figures show that Telangana agitation did not
affect the agitation adversely. Rosaiah says software
companies are having apprehensions about investing in
Hyderabad. The truth is companies like Facebook are setting up
offices in Hyderabad. In fact, a major company like Brandix
did not invest in Visakhapatnam in coastal Andhra as
promised," he said.

Speaking at a meeting organised by FICCI here today,
Rosaiah said software firms had apprehensions about investing
in Hyderabad, but there is no problem now.

The government provided protection to the IT companies
and the managements are happy now, he said.

PTI