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    Andhra’s lack at World Economic Forum mixes debate

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    Last year, the Jagan- led Andhra delegation had actually hailed the occasion as a large success as it had actually authorized MoUs for financial investments to the song of Rs 1.25 lakh crore, however has actually selected not to attend this year.
    AP CM Jagan with Tech Mahendra CEO
    Twitter/ C_P_Gurnani
    A conflict is making over Andhra Pradesh’s lack at the World Economic Forum (WEF) occasion at Davos, Switzerland this year, particularly with adjoining Telangana establishing a structure in a proposal to bring in financial investments. Last year, a delegation led by Andhra Pradesh Chief Minister Jagan Mohan Reddy had actually gone to Davos– when the occasion was held after a space of 2 years– to pitch for financial investments. According to resources, WEF organisers welcomed Andhra Pradesh this year too however fell short to obtain a favorable action.
    The WEF is an invite-only occasion. It attracts around 3,000 participants each year and also is totally free for all WEF participants. The WEF is an international system where leaders from all profession collaborated to attend to international troubles and also is a reliable system to bring in capitalists. The 53rd version of the occasion started this year on Sunday, January 16 and also will certainly take place till January 20. Commenting on the debate, TDP basic assistant Nara Lokesh stated, “Chandrababu Naidu [former Andhra Chief Minister] visiting Davos nine times and YS Jagan showing no interest spells out how Andhra Pradesh’s potential to create jobs for its youth has been destroyed.”
    Chandrababu Naidu was a routine at the WEF, going to the occasion 9 times. This consists of 5 times in between 1999 and also 2004 when he was the primary minister of joined Andhra Pradesh and also 4 times in between 2014 and also 2019 after the bifurcation. Lokesh as well took part in the WEF occasion while he was Andhra’s Minister for Information Technology and alsoPanchayat Raj
    According to the WEF, 4 union preachers, the principal preachers of Uttar Pradesh, Karnataka and also Maharashtra, Maharashtra’s replacement principal minister, Tamil Nadu’s Industries minister, and also Telangana’s IT minister are those going to the occasion as component of the Indian delegation thisyear
    Speaking to TNM, Andhra Pradesh BJP leader Dinakar Lanka blasted Jagan stating it would certainly have been a gigantic waste of public cash had he made the journey. “What did Jagan Mohan Reddy get even after attending WEF 2021? Even the few companies that agreed to invest were all Indian companies. What’s the point in spending so much money and going to Davos to get Indian companies to invest? Even the little investment that came to Andhra were commitments made in 2019. Not a single dollar of new Foreign Direct Investment (FDI) has come to Andhra after Jagan became CM. Hence it is a waste of public money even if they go to the WEF,” he stated.
    “I believe that the WEF probably felt that it is not worth inviting Andhra Pradesh because of the non-investor-friendly atmosphere that exists in the Jagan-led YSRCP government,” Dinakar included.
    Responding to records of not being welcomed, the Andhra Pradesh government tweeted a duplicate of the WEF invite it got. However, why it made a decision versus going continues to be uncertain. Certain areas of Social Media and also Few internet based “neutral news” sites are spreading this false information on, Andhra Pradesh not being welcomed to World Economic Forum Summit inDavos This is totally not true. The main invite is connected with this tweet.– FactCheck.AP.Gov in (@FactCheckAPGov) January 17, 2023
    Also read:  19 IAS officers shuffled by the Andhra Pradesh Government
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    Rajesh M
    Rajesh M
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