Now Reading: KTR seeks CAG probe into Hyderabad’s PM Ekta Mall tender
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KTR seeks CAG probe into Hyderabad’s PM Ekta Mall tender
BRS working president K T Rama Rao has written to Union Finance Minister Nirmala Sitharaman, demanding a CAG probe into the Rs 202-crore PM Ekta Mall project in Hyderabad's Raidurg area. Rao…
The Story in Brief
BRS working president K T Rama Rao has written to Union Finance Minister Nirmala Sitharaman, demanding a CAG probe into the Rs 202-crore PM Ekta Mall project in Hyderabad's Raidurg area. Rao alleged the tender process grants a private consortium disproportionate benefits, with the developer getting 18.12 lakh sq ft of built-up area against the government's 9.18 lakh sq ft. He claimed a Rs 200-crore central loan under the SASCI scheme was being passed through a state corporation on a 'back-to-back basis.' Rao questioned the state Congress government's silence on the project structuring.
The Indian Opinion
The opposition's charge of a 'sweetheart deal' in the PM Ekta Mall project is predictable, but the specifics deserve scrutiny. KTR's demand for a CAG probe flags a legitimate concern about whether the land-to-built-up area ratio unduly favours a private developer. The real test will be if the state government releases the project's detailed feasibility report and the bidding documents. Until those numbers are public, claims of impropriety remain just that, claims.
Source: siasat.com
This story was synthesised by AI from the source linked above.
