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Nonsensical, non-factual, wild allegations: Sridhar
The New Indian Express Hyderabad
|April 12, 2025
IT & Industries Minister D Sridhar Babu on Friday dismissed the allegations levelled by BRS working president KT Rama Rao on Kancha Gachibowli lands issue as "nonsensical, non-factual and wild".
"After the 'pink lies' based on AI-generated pictures, audio and video clips were exposed, a new line of attack against Hyderabad's development has been launched today," he said.
In a statement issued here, the minister said: "The state government recently won the Supreme Court case related to the 400 acres of Kancha Gachibowli land from a private player (M/s IMG Bharata). Telangana Industrial Infrastructure Corporation (TGIIC) reached out to the financial markets for raising funds, through routine and well-established norms, including the Reserve Bank of India (RBI) and other established precedents of raising of capital by any state government in lieu of its property."
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