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on 2007/11/7 7:32:01
The state government led by chief minister Y S Rajashekar Reddy has been continuing the policy of the earlier TDP government in respect of allotting huge tracts of land for IT companies. Bur a majority of the companies are yet to begin work on the land allotted to them. A government survey of the 2,600 acres of land given to various IT companies has revealed some startling facts.

Not even 10 per cent of the land given to these companies has been developed for use for the intended purpose. After making lofty claims, many of the companies are silent. They have managed to bag acres and acres of land at cheap rates in the name of developing the IT industry. Many companies have not made any progress except for setting up their signboards.





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