Live
- Assembly session from November 29
- CM to lay foundation stones for various infra projects
- Proposals for 4 airports in TG sent to Centre: CM
- Harish Rao condemns police action against activists in Lagacharla
- HMWSSB: Complaints reduced by 23% on sewerage issues
- OMG! TTD decision to scrap tourism quota stings devotees
- Tawde, BJP candidate booked over cash distribution
- Mayor to officials: Resolve public grievances in 15 days
- CM inaugurates Kaloji Kalakshetram: state-of-art cultural centre
- IT Minister opens India’s first Global Capability Centre in city
AP govt. releases white paper on state finances
- White paper on state financial position was released by Buggana Rajendranath Reddy
- The state had seen worst statistics between 2014-19, he said
Finance minister Buggana Rajendranath Reddy on Wednesday released a first white paper on Andhra Pradesh financial position at the secretariat in Amaravati.
He lashed out that the state had seen worst statistics between 2014-19 and said that there is no development in any sector. Reddy also said that the statistics showed by the former government in the agriculture sector are false. "In the last five years, the agriculture sector registered negative growth. However, the fisheries, which is sub-sector of agriculture have seen positive growth," said Reddy.
He added that the state witnessed the highest growth between 2004-09 and worst performance between 2014-19 due to bifurcation and bad governance.
The state which was in Rs 20,000 crore revenue deficit during bifurcation is further pushed into Rs 66,000 deficit by the former government, said Reddy adding that the debts were increased many times in the last five years.
