Telangana IT Minister K Taraka Ramarao embarked on a two-week US trip starting today. On this trip, KTR will be meeting Chairmen, CEOs, and representatives of various companies and will try to convince them to invest in Telangana.
KTR will be explaining the favorable environment for investments in Telangana, decisions taken by the state government for the establishment of industries, and investor-friendly policies implemented here.
Sources in the Industries Department informed us that some key agreements will also be made on investments in Telangana.
This tour has come two days after Foxconn sealed a pact with the state government to invest 4,000 Crore rupees in Telangana and to create 25,000 jobs.
While the minister of the neighboring state is busy as such, the scenes are completely different in Andhra Pradesh.
The Chief Minister there is busy only with the distribution of freebies calling it Button Nokkudu Karyakaramam.
And the IT Minister there is busy bashing Pawan Kalyan for no reason.
Distribution of Freebies also happens in Telangana but there is a balance between bringing investments and creating jobs.
But in Andhra Pradesh, it is only about bringing insane amounts of loans and then distributing the money to the people in one name or the other.
