YSR Congress has said that it will fight out the irregularities in the cost escalation of irrigation works at all the available forums and take up the issue in the Assembly and at the Centre as well as it was a loot of public money. Party MLA Kakani Govardhan Reddy deplored that the Government taking a cabinet decision to escalate the estimates of irrigation works enormously from Rs 12 crores to Rs 115 crores in one of the pacakages is highly objectionable and it is a loot of public money.
He pointed out that invoking the rules under EPC contracts which will benefit the contractors even in adverse conditions only shows that the Government is will to help the contractors, who need to be penalaised for not completing the work as per the agreement.
But, he wondered that the State has been showering favours even on such default contractors who happened to be the coterie of TDP leadership and there is huge misuse of public funds. We will raise the issue at all public forums and escalate it to Centre besides rising it in the Assembly, he said.
He accused that the practice of TDP has been to favour its coterie through unfair means and it has increased the estimate for developing one square foot in the capital area from RS 2,000 to Rs 3,000 which will only benefit the contractors who are close to the Chief Minister.