CM forms a high level panel to monitor the MoUs

Monday, December 23, 2024

The happened Global Investors Summit became a huge success according to the AP Government and its CM Jagan is more than happy to announce the MoUs officially. As the total breached the mark of 12 lakhs of crores investments, the CM chose to take a crucial step to make sure the investments actually benefit the state.

The GIS attracted the desi investors more than anyone as the stalwarts like Ambani, Adani, Jindals, GMR and a few others announced huge figures in investments. Mukesh Ambani declared that his Reliance Energies would bankroll 40,000 crores of rupees in setting up a Solar Powered energy plant to generate electricity followed by other desi investors. CM assured the investors that he would be a phone call away in case of any issues with the investments or resources in the state of AP. Not stopping there, Jagan revealed that he is setting up a high-level panel of officials to monitor all the MoUs signed at the summit and they would keenly observe the flow of investments and their transformation into ground reality projects to benefit AP and its citizens.

Meanwhile, the opposition parties of TDP and Janasena have been pointing out the fake and bloated numbers in the MoUs by declaring that the entire GIS is a hoax targeted at the commoners to make them believe YSRCP is actually bringing lakhs of investments.

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