Minister for Investments and Infrastructure B.C. Janardhan Reddy said Andhra Pradesh has become the preferred destination for investments in the country under the leadership of Chief Minister N. Chandrababu Naidu and Minister for IT Nara Lokesh.
Participating in a programme held to distribute new pattadar passbooks in Mirapuram village of Banganapalle Assembly limits on Saturday, Mr. Janardhan Reddy attributed the confidence of investors to invest in the State to the efficient leadership of the NDA government.
He also welcomed the government’s decision to bear the entire ₹4,500 crore burden of True-Up charges on electricity bills. “The previous YSRCP government had imposed a burden of ₹32,166 crore in the name of True Up charges,” he alleged.
Published – January 03, 2026 09:28 pm IST
