3 months ago
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Former Finance Minister and YSRCP person Buggana Rajendranath Reddy has described the Andhra Pradesh State Budget 2026–27 arsenic a ‘bundle of lies’, alleging that it conceals much than it reveals and lacks credibility and substance.
Addressing the media connected Saturday, the erstwhile Finance Minister accused the conjugation authorities of inflating claims and manipulating figures.
“The format of the Budget papers was altered to debar presenting the mandatory ten-year comparative fiscal data, thereby masking the State’s fiscal performance. Though the authorities has highlighted higher maturation rates successful examination with the Centre, the corresponding summation successful gross does not enactment specified claims, raising doubts astir the authenticity of the projections,” helium said.
Citing the Jal Jeevan Mission arsenic an example, helium said that portion the Centre reportedly spent astir ₹8,500 crore nationwide, the State authorities claims to person spent ₹10,000 crore and it is ‘questionable’, helium said.
A important spread betwixt past year’s gross figures and the revised estimates raises questions astir however the authorities plans to span the shortfall successful the last quarter, helium said.
According to him, nary of the predetermination promises made by the conjugation person been fulfilled, portion nationalist indebtedness has reportedly crossed ₹3 lakh crore, without transparent reflection successful the Budget.
Farmers, students, women, and unemployed younker person been neglected, helium alleged and contrasted the contiguous authorities with the YSRCP’s tenure, claiming amended fiscal absorption and a 9% maturation complaint contempt the COVID-19 crisis.
