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Nara Lokesh offers 99 paise land lease to top IT firms, inspired by PM Modi’s Gujarat model

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Nara Lokesh

In a significant move aimed at attracting global tech investments, Andhra Pradesh IT Minister Nara Lokesh has announced a symbolic land lease of just 99 paise per acre to major IT firms. Speaking to media, Lokesh said the initiative draws inspiration from Prime Minister Narendra Modi’s Gujarat model, when he brought Tata Motors to the state by offering land at Rs 1 per acre.

The latest push has already borne fruit, with tech giants Cognizant and Tata Consultancy Services (TCS) signing on for massive investments in Visakhapatnam. The Andhra government has leased 21.31 acres to Cognizant at Rs 1 per acre, with the company pledging Rs 1,582.98 crore and generating 8,000 jobs. In April, TCS received 21.16 acres at 99 paise per acre and committed to investing Rs 1,370 crore and creating 12,000 jobs.

Lokesh has now extended the offer to the top 100 global IT companies, signaling Andhra Pradesh’s ambition to become a prominent hub for technology and innovation.

Lokesh targets Visakhapatnam as major tech and industrial hub

Highlighting Andhra’s past delays in developing its IT sector, Lokesh outlined plans to turn Visakhapatnam into both a major IT centre and a global hub for chemical manufacturing. He also revealed proposals for a new airport and what could become India’s largest steel plant in the region.

People rejected three-capital idea, says Lokesh

On the politically sensitive issue of the three-capital plan proposed by former Chief Minister Jagan Mohan Reddy, Lokesh asserted that the people had clearly rejected the idea. He cited the Telugu Desam Party’s sweep in Visakhapatnam during the last Assembly elections, where the YSR Congress failed to win a single seat.

According to Lokesh, the election outcome showed the public’s preference for economic growth and stable development under a single administrative capital, contrary to YSRCP’s vision.

No conflict with Telangana on water sharing, says AP minister

On the inter-state water dispute with Telangana, Lokesh emphasized that Andhra Pradesh supports mutual progress and is not looking to infringe on Telangana’s rights. He reaffirmed support for projects like Kaleshwaram and stressed the need for efficient water usage.

Lokesh vows accountability over past misgovernance

Lokesh also addressed allegations of corruption under the previous government, revealing that a “redbook” of irregularities by the YSR Congress regime is being acted upon. He claimed that those who broke the law, including in land-grabbing cases like Kakinada Port, are being held accountable.

Contrasts TDP’s ethics with YSRCP’s alleged silence on personal attacks

In response to questions about political discourse in the state, Lokesh maintained that the TDP has never indulged in personal attacks. He said action was taken against a party worker who crossed the line, contrasting it with Jagan Reddy’s alleged silence during attacks on his own family members. He accused the YSRCP of encouraging political violence, while crediting TDP’s victory in the 2024 elections to discipline and issue-based politics.

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Vijay appoints astrologer Radhan Pandit as OSD, sparks criticism from allies

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Actor vijay

Tamil Nadu Chief Minister C. Joseph Vijay has appointed astrologer and TVK spokesperson Radhan Pandit Vettrivel as Officer on Special Duty (OSD) to the Chief Minister, a move that has sparked criticism from allies and opposition leaders.

Radhan Pandit, who had publicly predicted a major electoral victory for Vijay and the Tamilaga Vettri Kazhagam (TVK) ahead of the 2026 Tamil Nadu Assembly elections, has been considered a close aide of the Chief Minister during the party’s election campaign.

The appointment drew sharp reactions from leaders within the Congress and Left parties. Congress MP Sasikanth Senthil questioned the decision in a post on X, asking why an astrologer required an OSD position in government.

Leaders from the Viduthalai Chiruthaigal Katchi (VCK) and CPI(M) also criticised the move, arguing that such appointments go against the principles of scientific temper and secular governance.

According to reports, Radhan Pandit was among the first people to visit Vijay’s residence after TVK’s strong performance in the assembly elections. He has also been associated with the party as a spokesperson and political commentator.

The controversy comes amid rapid political developments in Tamil Nadu following the formation of the new TVK-led government.

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Maharashtra opposition seeks all-party meeting over PM Modi’s austerity appeal

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Sharad Pawar

Maharashtra opposition parties on Tuesday demanded an all-party meeting after Prime Minister Narendra Modi appealed to citizens to adopt austerity measures amid rising concerns over the ongoing West Asia crisis.

The prime minister recently urged people to avoid non-essential gold purchases, reduce petrol and diesel usage, postpone foreign travel and consider work-from-home practices to help minimise the economic impact of global uncertainty.

Leaders from opposition parties in Maharashtra said the Centre should hold detailed discussions with political parties and explain the broader economic situation to the public. They raised concerns over the possible impact of geopolitical tensions on fuel prices, inflation and the overall economy.

Some opposition leaders also questioned the timing of the austerity appeal, saying citizens deserve greater clarity on the government’s plans to tackle any economic challenges arising from the crisis in West Asia.

Meanwhile, BJP leaders defended the prime minister’s remarks, describing them as precautionary steps aimed at reducing pressure on foreign exchange reserves and controlling inflationary risks linked to global supply disruptions.

The debate comes as concerns grow globally over energy supplies and rising crude oil prices due to tensions in West Asia.

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India has 69 days of crude oil and LNG reserves, 45 days of LPG stock, says Hardeep Puri amid West Asia crisis

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Hardeep singh puri

India has sufficient fuel reserves and there is no supply shortage despite the ongoing conflict in West Asia, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday.

Addressing the CII Annual Business Summit, the minister said the country currently has crude oil and LNG reserves that can last for 69 days, while LPG stocks are sufficient for 45 days.

Puri also said LPG production has been increased from around 35,000-36,000 tonnes per day to nearly 54,000 tonnes per day to ensure uninterrupted supply during the ongoing geopolitical tensions in West Asia.

The minister dismissed fears of any immediate restrictions or disruption in fuel availability and said there is “no supply issue” in the country.

His remarks came after Prime Minister Narendra Modi urged citizens to reduce unnecessary fuel consumption and avoid non-essential foreign travel to help conserve foreign exchange reserves amid rising global energy prices linked to the West Asia conflict.

The government has also said there are no plans for fuel rationing and that India’s energy supply position remains stable.

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