Telangana CM Revanth Reddy declines donation of Rs 100 crore from Adani group
The Telangana government on Monday decided to decline a Rs 100 crore donation from the Adani Group to the Young India Skills University, citing concerns over recent controversies and the need to uphold the state's reputation.
Chief Minister Revanth Reddy announced the decision, stating, "Many companies have given funds to the Young India Skills University. In the same way, the Adani Group also gave Rs 100 crores. Yesterday, we wrote a letter to Adani on behalf of the government, stating that the state government is not ready to accept the Rs 100 crores given by the Adani Group. I want to reiterate the decision by the state government to not accept the Rs 100 crores from Adani Group."
Explaining the reasoning behind the decision, CM Reddy added, "I don't want to enter any controversy. Fundamentally, I have not taken a single penny for this. The Telangana state government has taken a step for the youth through the Young India Skills University because millions of youth today are without skills and are not getting employment."