Patnam seeks 40 per cent share of land sale revenue for Rangareddy development

Government Chief Whip Patnam Mahender Reddy urged that 40% of revenue generated from land sales in Rangareddy district be earmarked for local development

Hyderabad: Expressing concern over what he termed as a raw deal to Rangareddy district, Government Chief Whip Patnam Mahender Reddy demanded that 40 per cent of the revenue generated through the sale of lands in the district should be allocated for development works locally.

Participating in a discussion in the Legislative Council on Tuesday, Mahender Reddy said all Chief Ministers, including late N T Rama Rao, had sold vast tracts of land in Rangareddy district. Yet, the district had not received adequate funds for its development, he alleged.

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“People are closely observing land sales and questioning me and other senior Congress leaders about the disparity in allocation of funds. We are unable to answer,” Mahender Reddy said.

The Congress MLC said that a share of the funds raised from land sales in the district, which fetched over Rs.150 crore per acre, should be earmarked for Rangareddy.

The government should allocate at least 40 percent of the revenue earned from the sale of lands in Rangareddy district towards its development, he demanded.