The much talked and publicised, YSRCP supremo YS Jagan Mohan Reddy’s scam pertaining to InduTech Zone IT SEZ has put Prime Minister Narendra Modi, Finance Minister Arun Jaitley, Law Minister Ravi Shankar Prasad, Commerce Minister Suresh Prabhu, Urban Development Minister Narendra Singh Tomar in trouble. Although Jagan isn’t named as respondent, his name is mentioned by the Mauritius government.

Going into details, one Mauritius company Carissa Investments LLC of Mauritius had bought 49 percent stake in InduTech Zone IT SEZ in the Unified Andhra Pradesh, through Foreign Direct Investment (FDI). The SEZ didn’t start as it got entangled in legal issues after the CBI chargesheeted YS Jagan Mohan Reddy in a scam involving the land of the InduTech Zone IT SEZ.

ALSO READ:  Can BJP Breach 'Telugu States' - See A Possible Future In Telangana?

The Carissa Investments LLC has brought up the matter with the Mauritius government. The Mauritius government has raised the issue under a bilateral treaty – between Mauritius and India – for the protection of investments. Citing the United Nations Commission on International Trade Law Model Law on Commercial Arbitration, the Mauritius government sent notices to the top Union ministers of the nation. The Mauritius government claimed that Carissa Investments LLC, based in Mauritius, has been cheated. Carissa Investments LLC is seeking a claim of 50 Million USD and an arbitration.

ALSO READ:  An 'Indefinite Strike' Of LPG Tankers Across Telangana From July 1 Onwards

Earlier, Indu Shyam Prasad Reddy, who bagged the contract to develop the SEZ, had mortgaged the land to procure loans and laundered some part of it. Shaym Prasad Reddy, along with others, was booked in the same case. With Jagan’s involvement in the land case, this whole issue has turned into a huge headache for PM Narendra Modi who is desperate to join hands with YS Jagan Mohan Reddy of the YSRCP in AP. It needs to be seen how the BJP would now respond.#KhabarLive


  1. I just want to mention I am just very new to blogging and certainly savored this web page. Likely I’m going to bookmark your site . You definitely have fantastic article content. With thanks for sharing with us your website.

  2. Gday here, just turned out to be mindful of your writings through Search engines like google, and realized that it’s very informational. I’ll be grateful if you persist this post.

  3. Heya! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing months of hard work due to no backup. Do you have any solutions to stop hackers?

  4. Today, I went to the beachfront with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone!

  5. I like the helpful information you provide in your articles. I will bookmark your blog and check again here frequently. I’m quite certain I will learn many new stuff right here! Best of luck for the next!

  6. Wonderful blog! I found it while browsing on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Thanks

  7. I know this if off topic but I’m looking into starting my own blog and was wondering what all is needed to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet savvy so I’m not 100% positive. Any suggestions or advice would be greatly appreciated. Many thanks

  8. Have you ever considered about adding a little bit more than just your articles? I mean, what you say is valuable and all. But think of if you added some great pictures or video clips to give your posts more, “pop”! Your content is excellent but with pics and clips, this blog could definitely be one of the greatest in its field. Awesome blog!

  9. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get several e-mails with the same comment. Is there any way you can remove me from that service? Bless you!

  10. I was curious if you ever thought of changing the structure of your website? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two pictures. Maybe you could space it out better?

Comments are closed.