Financial Daily from THE HINDU group of publications
Wednesday, May 12, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Government - 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.

More Stories on : Politics | Power | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Naidu's TDP routed; markets shaken


Lessons from Andhra Pradesh
AP result — Mixed reactions from technology sector
Naidu - the man who thought globally, but lost locally
Free power to farmers to be first decision: Rajasekhara Reddy
Reforms, real winner of elections: India Inc
Market players unsure; await poll results
Good turnout in Lakshadweep
Common man strikes back



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line