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A staggering sum of nearly Rs 12,000 crore "invested" in setting up new industries in Andhra Pradesh has seemingly "vanished" in 21 days, thanks to the manner in which the Information and PR department sought to project the strides being made by the state through three separate press notes riddled with discrepancies.
Apart from this, a prospective industrial investment of Rs one lakh crore that was to come into the state has also supposedly been lost in the same period, if one goes by the figures put out by the 'Research and Reference Wing' of the state Information and PR Department.
"Currently, industries have started in the state with an investment of Rs 59,000 crore. While production has commenced in some of these industries, others are on a trial run," the I&PR Department had said in a September 26 press release issued in the name of its Commissioner.
The same Research and Reference Wing issued another press note on October 16 with no change in the wording, but showing the sum invested as Rs 47,680 crore.
Even the figure Rs 47,680 crore appears to be inaccurate as the note said that Rs 43,660 crore has already been "invested" while another Rs 2,850 crore "will be invested", making it a total of only Rs 46,510 crore.
In that case, the "vanished" amount would be Rs 12,490 crore. The Information and PR Department has offered no explanation over such huge variation in the investment figures as it quietly sought to push the "success story" afresh on October 16.
No specific numbers were given in respect of the industries already opened and those in the process of being opened.
When contacted, I&PR Commissioner S Venkateswar, an Indian Information Service officer on deputation, said his staff was taking the information from the Chief Minister's CORE Dashboard, which provides data from all departments.
"The Joint Director who used to oversee the press releases retired recently. I will now take steps to ensure such discrepancies do not crop up again," the Commissioner told PTI.
The state is also supposed to have 'lost' an investment of Rs one lakh crore in the three-week period as the I&PR note on October 16 said "industries worth Rs two lakh crore are yet to be started" whereas the September 26 release had put the figure at Rs three lakh crore.
Again, there is no explanation on this discrepancy.
The two press notes said 1.40 lakh jobs were already provided while another six lakh would be created when investments in the pipeline materialised and production began. That would be a total of 7.40 lakh jobs.
The notes, however, said eight lakh direct jobs and "twice as many" indirect jobs would be created if total investments happened, meaning a total of 24 lakh jobs.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)