State at the top in obtaining loans and revenue deficit, alleges TDP
The Hindu
‘YSRCP pushing Andhra Pradesh into a state of bankruptcy’
The State has achieved the distinction of being at the top, both in acquiring loans and in revenue deficit in the first half of the financial year 2021-22, and Finance Minister Buggana Rajendranath Reddy owes an explanation on this, TDP national spokesman K. Pattabhi Ram has said.
Addressing the media on Saturday, Mr. Pattabhi Ram said the State’s revenue deficit stood at ₹33,140 crore despite the YSRCP government borrowing loans worth a whopping ₹39,933 crore in the first six months of this financial year.
“This is proof of how the money acquired through loans and tax revenues is being diverted by the corrupt YSRCP, which has shunned welfare of the people,” Mr. Pattabhi Ram alleged.
A crowd comprising farmers, researchers, professors, students, and horticulture enthusiasts thronged the ICAR-Indian Institute of Horticultural Research (IIHR), Hesaraghatta, Bengaluru, on Friday for the inaugural ceremony of the Triphal Diversity Show which showcased 300 mango, 100 jackfruit, and 100 banana genotypes in collaboration with ICAR-National Research Centre for Banana, Tiruchirappalli.
The State government on Friday constituted a Special Investigation Team (SIT), headed by Additional Director-General of Police, Manish Kharbikar of the Economic Offences division of the Criminal Investigation Department (CID) to probe the alleged multi-crore scam in the government-run Maharshi Valmiki Scheduled Tribes Development Corporation.