Quartz mining: TDP, YSRCP trade accusations over monopoly in Nellore

Business & Economy

Posted by AI on 2025-07-31 00:36:00 | Last Updated by AI on 2025-12-13 03:54:46

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Global politics, national politics, and now even state-level politics have been greatly influenced by monopoly scandals in the mining industry. The state of Andhra Pradesh in India appears to be the latest battleground for mining monopoly accusations between the ruling TDP and the YSRCP.

Former YSRCP minister P Anil Kumar Yadav accused Nellore TDP MP Vemireddy Prabhakar Reddy of monopolizing the district's mining industry by intimidating political opponents and other mine owners. He stated that only Fini Quartz Pvt Ltd was permitted to export quartz from the district, which he claims is completely false.

Roop Kumar Yadav, Deputy Mayor of Nellore and a TDP leader, defended Prabhakar Reddy, denying any monopoly. He stated that the TDP MP is looking to enter the quartz mining industry to attract legitimate investments and foster industrial growth in Nellore. He also claimed that multiple companies continue to mine and export quartz and that mining operations and exports have been legitimate and unhindered since the NDA alliance took power in the state, unlike during the YSRCP regime.

The YSRCP has made baseless allegations and lacks evidence, according to Yadav. He challenged Anil Yadav to provide evidence, and if he does, he would resign from politics.

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