The Hindu·3 min read·medium

Jagan alleges Ramayapatnam port disinvestment will hurt State finances

T
The Hindu Bureau
Jagan alleges Ramayapatnam port disinvestment will hurt State finances
AI Summary

Former Andhra Pradesh CM Jagan Mohan Reddy has criticized the current government's plan to disinvest in the Ramayapatnam Port. He argues the move will cause significant financial losses and undermine the state's economic development.

YSR Congress Party (YSRCP) president and former Chief Minister Y. S. Jagan Mohan Reddy has alleged that the Andhra Pradesh government’s proposed disinvestment of the Ramayapatnam Port would result in substantial financial losses to the State and undermine the project’s long-term economic potential.

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