(Image source from: Thehansindia.com)
YS Jagan's Gesture For KCR:- The Chief Ministers of Telugu states KCR and YS Jagan are known to be thick friends. The duo showed their love for each other after exchanging the needs. They also met several times and appreciated each other for their works. KCR wanted mining lease in Kurnool for his close friend Jupally Rameshwar Rao, the owner of My Home Group. YS Jagan is said to have shown his gesture after he issued orders for mining lease for Rameshwar Rao's company without any delay. Several local investors and companies are trying hard for the mining lease but it went into the hands of Rameshwar Rao after KCR wanted it.
Rameshwar Rao is said to have taken a cement company named Sri Jaya Jyothy Cements and renamed it to Maha Cements. The biggest surprise is that Rameshwar Rao is issued a mining lease for 50 long years which left many in shock. With Sri Jaya Jyothy Cements owning a mining lease from 2012, it is now extended for 45 years. Rameshwar Rao will have the lease till 2062. Rameshwar Rao is one of the most powerful businessmen in Telangana and he is a close aide of KCR. YS Jagan was not much bothered about the political issues and just allocated the mining lease.