Telangana: KCR all set to get new secretariat building

HIGHLIGHTS

Governor ESL Narasimhan has ordered Andhra Pradesh to hand over the secretariat building to Telangana
KCR is a sturdy believer in Vastu, astrology, and numerology; he visited the antique secretariat only a few instances
The existing buildings might be demolished, and four modern-day homes could be built instead. Andhra Pradesh and Telangana Governor ESL Narasimhan’s latest order delivering the Secretariat building occupied by Andhra Pradesh to Telangana has given a fillip to K Chandrasekhar Rao’s desires.

K Chandrasekhar Rao – popularly called KCR – is the lead minister of Telangana and has dreamt of a new Secretariat. During his first period, KCR selected to run the authorities from his palatial bungalow-cum-camp office at Begumpet. KCR, a sturdy believer in Vastu, astrology, and numerology, visited the modern Secretariat handiest on some events. He was instructed that the homes suffered from “Vastu dosha,” that is, perceived flaws according to Vastu legal guidelines. He averted, touring the old Secretariat as he becomes eager on constructing a brand new Vastu-compliant contemporary building.

KCR wanted to build his Secretariat by using shifting a TB and chest health facility in the Erragadda place of Hyderabad but confronted excessive flak. He then proposed to construct his dream office on the ancient Bison Polo and Gymkhana ground in Secunderabad. First, a civic institution went up in hands pronouncing building on the polo floor might affect the surroundings. Then the Ministry of Defence, which owns the 60-acre parcel of land, nixed the suggestion. Various conferences with defense ministers Manohar Parrikar and Nirmala Sitharaman did now not cut plenty of ice. A meeting with Prime Minister Narendra Modi, too, did no longer yield any result.

So as each KCR and Modi start their second innings, the Telangana CM appears to have realised that obtaining land from the Centre could be tough. So he has now determined to construct his new workplace within the old Secretariat premises. The current Secretariat has eight homes spread over 25.5 acres of land and houses nearly every branch consisting of the Chief Minister’s Office. The leader minister has discussed some design components, and consistent with all of it, the existing homes might be demolished, and four modern buildings will replace these. The new homes will forget a sprawling lawn and the well-known Hussain Sagar Lake with the Buddha statue status tall inside the middle.

The new Secretariat could have up-to-date safety features, a large meeting corridor, and a large parking bay. Sources say the value of the brand new Secretariat is probably to price over Rs 1,000 crore. Experienced traders recognize the effects of global changes on Foreign Exchange (Forex/FX) markets, stock markets, and futures markets. Factors such as interest rate decisions, inflation, retail sales, unemployment, industrial productions, consumer confidence surveys, business sentiment surveys, trade balance, and manufacturing surveys affect currency movement. While traders could monitor this information manually using traditional news sources, profiting from automated or algorithmic trading utilizing low latency news feeds is an often more predictable and effective trading method that can increase profitability while reducing risk.