8 months ago
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YSR Congress Party (YSRCP) person and erstwhile Finance Minister Buggana Rajendranath Reddy has accused the TDP-led conjugation authorities of misrepresenting borrowing figures successful the Andhra Pradesh Legislative Assembly.
In a connection connected Tuesday, Mr. Rajendranath said the government’s effect to starred Question No. 973 during the ongoing Assembly league was factually incorrect. The question, raised connected Monday, sought details of borrowings during the existent fiscal twelvemonth 2025–26 up to August 31.
According to the government’s reply, indebtedness receipts totalled ₹44,364.06 crore, with repayments of ₹9,058.25 crore, resulting successful a nett borrowing of ₹35,305.81 crore. Mr. Rajendranath, however, countered that these figures contradicted information published by the Comptroller and Auditor General of India (CAG).
Citing the CAG’s Monthly Key Indicators, helium noted that the State’s gross receipts till August 31 were ₹61,578.44 crore, on with indebtedness recoveries of ₹31.25 crore, bringing full non-borrowing receipts to ₹61,609.50 crore. During the aforesaid period, full expenditure—including advances disbursed—stood astatine ₹1,16,626.53 crore. “The study makes it wide that borrowings and liabilities funded expenditure of ₹55,901.43 crore,” helium said.
The erstwhile Finance Minister added that this included ₹29,224.84 crore from nett nationalist indebtedness and ₹26,676.33 crore from nett nationalist accounts.
“Despite this, the authorities wants the House to judge that full liabilities contracted till August 31 were lone ₹35,305.81 crore. Does this blatant contradiction not harm the credibility of the government? Does it not magnitude to cheating the precise radical whose representatives beryllium successful the Assembly?” helium asked.
