BRS leader KT Rama Rao alleged a multi-crore scam in cancelletation of Pharma City project.Manisha Pandey

Multi-crore scam behind cancellation of Hyderabad's Pharma City project, says KTR

Speaking to the media, KT Rama Rao said that a multi-crore scam, aimed to benefit Revanth Reddy's brothers, is behind the cancellation of Hyderabad's Pharma City project.

by · India Today

In Short

  • KTR claims conspiracy to benefit Revanth Reddy's brothers
  • KTR questions feasibility of alternative projects like Future City
  • Demands government clarity on Pharma City status in High Court

BRS Working President KT Rama Rao on Thursday launched a scathing attack on the Congress-led Telangana government, alleging a major land scam in the proposed cancellation of the Hyderabad Pharma City project.

Speaking to the media, KTR accused the government of deceiving both the public and the high court, claiming that the government has taken different positions on the Pharma City project.

"There's a thousand of crores land scam behind the Pharma City cancellation. We will soon reveal all the details," KTR said, adding that the move is "a conspiracy to benefit the Chief Minister's brothers with billions of rupees."

"On one hand, they claim Pharma City is cancelled, but in the High Court, they state it hasn't been cancelled. How can they mislead the judiciary like this?" KTR questioned the feasibility of the government's alternative proposals. "They talk about the Future City, AI City, and Fourth City. Have they acquired even an acre of land for these? How can they repurpose Pharma City lands without acquiring any new land?," he added.

"We proposed Pharma City with 14,000 acres and an investment of ₹64,000 crores. The land was acquired under conditional acquisition and cannot be repurposed for other projects." KTR warned of severe consequences if the government continues its alleged deception. "This attempt to mislead the High Court will face consequences both in court and in the people's court," KTR added.

The BRS working chief also asserted that this attempt to mislead the high court would face consequences both in court and in the people's court.

The former minister demanded clarity from the Revanth Reddy-led government.

"Is Pharma City still operational or not? The government must clarify this tomorrow in the High Court," he insisted. Expressing concern over the project's potential cancellation, KTR stated, "Cancelling Pharma City will not only harm industrial progress but also result in the loss of thousands of job opportunities in Telangana," he said.

He also urged the Reddy-government to abandon what he termed as "corrupt schemes" and continue with the original Pharma City project.

"The land given by farmers for industrial development should not be used for corrupt land deals," KTR said.