Singareni Bharosa Yatra concludes
Union Minister G. Kishan Reddy concluded the BJP's 'Singareni Bharosa Yatra' by pledging support for the Singareni Collieries Company Limited. He criticized previous state governments for mismanagement and highlighted the allocation of a new coal block as a sign of central commitment.
Why it matters
The event underscores the political competition between the BJP and state-level parties over the management and future of public sector industrial assets.
Calling for unity to safeguard the Singareni Collieries Company Limited (SCCL), Union Minister for Coal and Mines G. Kishan Reddy has pledged the Centre’s continued support to the public sector coal company and vowed to stand by its workers in securing a sustainable future.
Addressing a public meeting at Kyathanpalli in Mancherial district on Tuesday, Mr. Reddy said the allocation of the Tadicherla-II Coal Block to the SCCL without an auction reflected the Narendra Modi-led Central government’s commitment to the company’s long-term growth.
The meeting marked the culmination of the BJP’s two-day ‘Singareni Bharosa Yatra’ in the State’s coal belt.
Alleging that the SCCL’s present condition was the result of years of mismanagement, diversion of funds and political interference, he blamed the previous BRS government and the present Congress government.
He claimed that the SCCL was facing a financial crunch, with outstanding dues of nearly ₹54,000 crore from power utilities.
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