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Andhra News : Finance Minister Buggana Rajendranath has expressed anger that the opposition is spreading lies about the economic situation of AP. He questioned on what basis the opposition parties are talking about the economic situation of AP. Debt increased by 22 percent during the five years of TDP government rule. 2,71,797 crores of debt incurred during TDP tenure. In the same YSRCP government in four and a half years, only 12 percent of the debt was incurred. The opposition and yellow media are spreading lies about the financial situation of AP. Chandrababu says that he has borrowed Rs. 13 lakh crores. They talk about debts as much as they can. On what basis are you talking about the economic situation of AP? He said that the revenue was 6 percent during Chandrababu’s regime, while 16.7 percent revenue was received during the YSRCP government.
Buggana said that the OPS center had gone back on the idea that the economy would collapse. Buggana said that it is a fact that the state’s economy has suffered due to Covid.. But who told you that the pending bills are 1,90 thousand crores? He asked. The document released by RBI has 15 years of data.. If the annual debt was 22 percent during the TDP regime, it is 12 percent in our government. Is it possible to take loans without the knowledge of RBI, finance department and banks? He asked.
He said that the debt during TDP’s regime was 2,59,000 crores, which is 7 percent of the gross product. In our government, the debt of 2,26,000 crores of gross product is 5.6 percent. Gross production under our government was 10,84,000 crores.. Gross production under TDP was 6,98,000 crores.. Employee PF accounts were Rs.44,86,000 in 2018-19.. PF accounts were Rs.60,78,000 in 2022-23.. Isn’t it like jobs have increased? ? He asked. They are giving names to MLAs.. Is it customary to give names like this for his age? He asked. Can’t our MLAs name Chandrababu? He asked. He said that we do not make such comments because we have culture.
He criticized that Chandrababu is the person who has allied with all the parties in the state except YCP. Chandrababu was the main factor behind the division of the state. Chandrababu wrote a letter for the formation of Telangana in 2008.. Is Chandrababu the reason why AP got special category status? Why did they say package is enough without status? He protested that he could not get even a special package. He questioned why Chandrababu is not talking about the distribution of assets according to the population and location. The previous government was responsible for the delay in Polavaram. YSRCP government is trying to complete the Polavaram project. We are getting our share funds from the Centre. He said that Chandrababu had taken decisions that would cause problems for the state.
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