Media reports quote that at least 700 small and medium businesses owned by people from Seemandhra have shifted their registered offices from Hyderabad to truncated Andhra Pradesh state over the last few months. Also, around 118 new companies have been registered in residuary AP while only 12 have been registered in Telangana. It is said that some of the companies that shifted have all their manufacturing and production facilities located in residuary AP and therefore find no reason to continue their registered offices in Hyderabad, away from them. These developments only vindicated what Telangana intellectuals have long been arguing – that the budgetary surplus of Telangana is exaggerated without considering the mandatory shifting of registered offices for PSUs and the possible shifting, like those ...

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