T’gana rejects Adani’s 2100-cr donation
Hindustan Times|November 26, 2024
Telangana chief minister A Revanth Reddy on Monday announced that the state government will not accept the 100 crore CSR donation pledged by the Adani Group for the Young India Skills University being set up in Ranga Reddy district on the outskirts of Hyderabad, in the wake of "present circumstances and arising controversies".

Addressing a press conference, Reddy, who laid the foundation stone for the university on August 1, also released a letter written by special chief secretary (industries) Jayesh Ranjan to Adani Foundation chairperson Priti G Adani, asking her not to transfer funds to the university.

"We are thankful to you for committing 100 crore to Young India Skills University on behalf of your Foundation through a letter on October 18. We have so far not asked any of the donors for physical transfer of funds since the university had not received the IT exemption under section 80G," Ranjan said in the letter.

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