20-Jan-2024 04:28 PM
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Nellore (Andhra Pradesh), Jan 20 (Reporter) TDP politburo member and former Minister Somireddy Chandramohan Reddy on Saturday expressed serious concern over the most prestigious container terminal of the Krishnapatnam Port being shifted to Tamil Nadu from Nellore resulting in the loss of employment for over 10,000 people and Rs 1,000 crore revenue for the state.
Reddy told media persons here that the container terminal at Nellore is being closed by the end of this month and finally only dry cargo will remain here. It is really horrible that the State Government did not respond when such massive damage was being caused to AP, he said.
Of the 12 major ports in the country, the container terminal of the Krishnapatnam Port competes with the Chennai Port, the Visakhapatnam Port and the Mumbai Port, Somireddy said.
It is really painful that such a reputed port is facing a pathetic situation after it is taken over by the Adani Group from the Krishnapatnam Port Company, the former Minister lamented, adding that the Transshipments is allowed from here to international ports like Colombo, the United States and Singapore while imports are from China, Malaysia, Dubai and Thailand.
The motor parts for the companies located in Sri City, white cement, solar panels, furniture, LED bulbs and chemicals are being imported from various countries through Krishnapatnam Port, the TDP politburo member stated, and added that this apart, the State Government gets annual revenue of Rs 1,000 crore in the shape of sales tax.
After the YSRCP came to power the transactions from here came down by Rs 5 lakh crore bringing down the State's revenue by Rs 500 crore, he pointed out. The container cargo is being shifted to Tamil Nadu now while dry cargo like ash, coal and other such material is being continued from here, Reddy said.
Unfortunatel,y this port went into the hands of the Adani Group after Jagan Mohan Reddy became the Chief Minister and since then it has been facing a tough time, Somireddy said and made it clear that the locals will not keep quiet if it is shifted from here.
"An agitation will be launched with all parties to save the Krishnapatnam Port," he announced...////...