YCP govt took loans of Rs 1 lakh crore

     Written by : SMTV24x7 | Mon, Aug 31, 2020, 06:24 PM

YCP govt took loans of Rs 1 lakh crore

Telugu Desam Party official spokesperson Pattabhiram made some sensational allegations on the government of Andhra Pradesh while speaking with media.


"The government of Andhra Pradesh took loans of Rs 1 lakh crores in its 15 months tenure. At this rate, the state will be in a deficit budget of Rs 4-5 crores in 5 years," he said.

Pattabhiram said that the YCP government is spending Rs 9 crores per hour on average and that speaks a lot about the financial miscalculations of the Jagan-led government.

"This is not my personal calculation. These statistics are based on the financial statements released by the government. To put that into perspective, the state government is taking loans of Rs 222 crores per day," he said.

The ruling party forces are yet to react to these sensational claims made by TDP.