Naidu said, To bring transparency and bring sand availability to the customers at ease, a new policy has been announced by the government. Credit Rating agency CRISIL was hired to study and submit a report on the existing sand mining policy of AP .
The govt handed over all 368 sand mines to DWACRA groups with 25 per cent share of the annual revenue for operations and maintenance of the mines.
He said, the previous governments have bought the sand policies with no proper groundwork . He said he announced a policy in 2014, the total revenue stood at Rs 517 crore in the last 16 months.
YSRCP rejected the white paper on sand mining stating that it was only an eyewash.