Govt. transferring land worth ₹500 cr. in Azamabad to private firm for ₹87 cr.: BRS

The BRS party has accused the Telangana government of undervaluing state-owned land in the Azamabad Industrial Area to favor a private entity. They are demanding that the land be retained by the state-run Telangana Oilfed.
Why it matters
Allegations of corruption in land allocation involve significant public assets and government accountability.
The Bharat Rashtra Samithi (BRS) has strongly opposed the reported move of the State Government to hand over 15,984 square yards of valuable land belonging to the Telangana Oilfed in the Azamabad Industrial Area to a private individual.
In a letter addressed to Chief Minister A. Revanth Reddy, Deputy Floor Leader of BRS in the Assembly T. Harish Rao alleged that the Congress Government was turning government land into a source of benefit for private individuals.
“Why is the government trying to give it away for just ₹87 crore, when its market value is around ₹500 crore? More importantly, Oilfed itself is ready to pay ₹87 crore to the government. When the government’s own organisation is ready to pay, why choose a private individual?” he asked.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in