TDP exposed on AP FDI inflow. Chandra Babu Naidu's TDP has always been on the mission to color the ruling YSRCP and the AP CM Jagan Mohan Reddy in a bad light. In the Parliament, TDP planned to show AP as a poor performing state and tried to corner it on FDI (Foreign Direct Investment) inflow for the year 22-23. TDP MP Kanakamedala Ravindra Kumar sought the details of the FDI received by the State since 2019 from the Minister of State for Commerce and Industry in Rajya Sabha.
He questioned, "Is the Centre was aware that there was a drastic reduction in FDI inflows in the State since May 2019, resulting in a steep fall in employment generation and job opportunities." Minister of State for Commerce and Industry Som Parkash snubbed saying “There has been a temporary dip in FDI inflow in the financial year 2020-21, which may have been due to the pandemic,”
The minister continued “The total FDI equity inflow that came to Andhra Pradesh in 2019-20 (October 2019-Mach 2020) was USD 200.97 million. It reduced to USD 85.85 million in 2020-21 due to the pandemic. But later, it increased to USD 224.96 million in 2021-22 and USD 284.22 million in 2022-23,”
PV Midhun Reddy, YSRCP floor leader in the Parliament said “Time for the already sunk TDP to face the truth and apologise to the people of Andhra Pradesh for their non-stop lies. The State is making great progress in all areas under the leadership of Chief Minister YS Jagan Mohan Reddy,”
