Financial Daily from THE HINDU group of publications Wednesday, May 12, 2004 |
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Government
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Politics Agri-Biz & Commodities - Power Free power to farmers to be first decision: Rajasekhara Reddy Our Bureau
HYDERABAD: The Congress-I leader and contender to the Chief Minister's office, Dr Y.S. Rajasekhara Reddy, said the first decision of the new Government in the State would be regarding provision of free power to farmers. Terming the landslide victory of the Congress-I in the Assembly elections as a ``historical verdict'', he said the power purchase agreements entered into by the Transmission Corporation of AP would be reviewed as suggested by the Comptroller and Auditor General in his report. Addressing a crowded press conference after the declaration of the election results, Dr Reddy said the agreements between the previous Government and the World Bank would also be reviewed wherever necessary. He, however, said the reforms would be continued while safeguarding the interests of the common man. Replying to a question, Dr Reddy said he would not unleash a ``personal vendetta'' against anyone though he believed that people in power should be accountable for their actions. The new Government would pay compensation to the kith and kin of farmers who committed suicide following failure of crops. ``We will do everything to mitigate the sufferings of the people,'' he said.
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