KTR questions alleged land allotment to firm linked to Revanth Reddy’s brother

Hyderabad: BRS working president KT Rama Rao stepped up his attack on the Congress government over the alleged allotment of government land to Tesseract Advanced Systems Pvt Ltd, linked to Chief Minister A Revanth Reddy’s brother Anumula Kondal Reddy. He demanded answers from the government on the company, its ownership and the land allotment. In […]

Hyderabad: BRS working president KT Rama Rao stepped up his attack on the Congress government over the alleged allotment of government land to Tesseract Advanced Systems Pvt Ltd, linked to Chief Minister A Revanth Reddy’s brother Anumula Kondal Reddy. He demanded answers from the government on the company, its ownership and the land allotment.

In a post on X, Rama Rao said while the previous BRS government built T-Hub to ensure that real startups thrive, Revanth Reddy was busy devising “Anumula Hubs”, calling it a family-run, family-driven, zero-innovation, and zero-employee scam scheme. He said the members of the Anumula family were being given government land at dirt-cheap rates, without asking any questions.

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He took a dig at Kondal Reddy proposing him as the “innovator of the century” for allegedly setting up Tesseract Advanced Systems with Rs 1 lakh in paid-up capital and no employees, while making at least Rs 200 crore profit overnight.

Rama Rao urged Revanth Reddy and Industries Minister D Sridhar Babu to educate millions of youth of Telangana on how to get hundreds of crores worth of government land without investment, employees and work. “Why restrict this magic trick only to the Anumula family?” he asked, urging them to provide an opportunity of “Anumula Hubs” to Telangana youth.