BC Investment and Infrastructure Minister Janardhan Reddy said that Andhra Pradesh has become the preferred investment destination in the country under the leadership of Chief Minister N. Chandrababu Naidu and IT Minister Nara Lokesh.
Participating in a program held to distribute new pattadar passbooks at Mirapuram village in Banganapalle on Saturday, Mr. Janardhan Reddy attributed the confidence of investors to invest in the state to the effective 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 imposed a burden of ₹32,166 crore in the name of True Up charges,” he claimed.
Published – 03 Jan 2026 21:28 IST
