Andhra Pradesh Has Exceeded Its Debt Limit: Union Finance Ministry

[Anta Assamey]

There have been many numerous reports on Andhra Pradesh financial status. The state is going through tough times while the oppositions are blaming the ruling party that the debts are mounting due to the inefficiency in managing the finances.

Making this claim true, Union Minister Of State For Finance Pankaj Chaudhary has stated that AP has exceeded its debt limit. To TDP Rajya Sabha MP Kanakamedala’s question on AP’s financial position, minister Pankaj said that AP has made an excess debt of Rs 4000 crore.

“For the financial year 2020-21, AP government has Rs 54,369 crore revenue deficit and this is acknowledged by the state government in its budget presentation,” stated the written reply from the union minister.

Adding, “As per the 15th Finance Commission recommendations, AP was given the opportunity to borrow Rs 30,305 crore debts and an additional Rs 19,192 crore under Covid provision.”

So when the total is accumulated, the outstanding debts tune up to Rs 49,497 crore and that’s close to Rs 50,000 crore which is a large amount by far and by any means.

What will the YCP government has to say now? Will it still be ignorant of the debts being made? May not be answerable to the oppositions but for the people of AP, definitely YES!

[Jambhalheart]

Aathcare antunna AP ppl

 

[hathirambalaji]

6 minutes ago, Jambhalheart said:

Aathcare antunna AP ppl

 

AP people ki kadhu  ra. Nee lanti vizag paytm labor gallaki aatcare ani cheppuu.

[hathirambalaji]

Arey paytm kukja @Jambhalheart inka shuru chey deeniki kooda nakka cbn eh karanam ani

[tappachabutra]

Oka decade aina padutundi anukunnam diwala teeyanika

chandranna vesina strong foundation ki 7 years ke diwala teesindi…

next PK vasthe mari..

[futureofandhra]

4 minutes ago, tappachabutra said:

Oka decade aina padutundi anukunnam diwala teeyanika

chandranna vesina strong foundation ki 7 years ke diwala teesindi…

next PK vasthe mari..

lol AP  is no1 of eodb companies were there

real estate was not that bad 

chethaagaka cbn ni ani whats rhe use halwa

[Vaampire]

Just 4k crores.. vaadu panchuthunna speed ki 50k untadi anukunna

[BeerBob123]

17 minutes ago, Vaampire said:

Just 4k crores.. vaadu panchuthunna speed ki 50k untadi anukunna

Same here

[nallaberry]

22 minutes ago, futureofandhra said:

lol AP  is no1 of eodb companies were there

real estate was not that bad 

chethaagaka cbn ni ani whats rhe use halwa

Choosav ga ...appu tesskundi jalaga gadu .... Kani edupu emo nakka meeda...... Malla AP meeda edupu ani cover driving ....ee potti kula gajji gadiki mingataniki matram vere casestte  filla aina vaakey .... Bj ki matram same casestte jalaga lk kavali 

[bhaigan]

Appula Andhra santham sanka nakinchinatle

[DummyVariable]

15 minutes ago, bhaigan said:

Appula Andhra santham sanka nakinchinatle

Nenu vinnadhayithe.. food is being delivered, pensions being given and grama volunteers doing things ani. Only complaint was from mandhu baabulu because of the price of liquor. Freebies ichchesthunnadu so almost definitely money undadhu. 

[futureofandhra]

4 minutes ago, DummyVariable said:

Nenu vinnadhayithe.. food is being delivered, pensions being given and grama volunteers doing things ani. Only complaint was from mandhu baabulu because of the price of liquor. Freebies ichchesthunnadu so almost definitely money undadhu. 

yes public happy

? is how long aappu chesi pappu koodu 

he promised more than the current schemes

[tappachabutra]

54 minutes ago, futureofandhra said:

lol AP  is no1 of eodb companies were there

real estate was not that bad 

chethaagaka cbn ni ani whats rhe use halwa

EODB evadiki kavali ? Ademanna rajamantrama leka akshaya patra na ?

Real estate was artificially hyped and created, but the dust of reality. Utter flop. 
 

Already ninda muniginaka, inkokadu ochi munchindu…

[futureofandhra]

10 minutes ago, tappachabutra said:

EODB evadiki kavali ? Ademanna rajamantrama leka akshaya patra na ?

Real estate was artificially hyped and created, but the dust of reality. Utter flop. 
 

Already ninda muniginaka, inkokadu ochi munchindu…

lol jaggad vachina taruvaatha hyd sky rocketed 

lol companies free gaa vastaya enti

 

[nallaberry]

14 minutes ago, tappachabutra said:

EODB evadiki kavali ? Ademanna rajamantrama leka akshaya patra na ?

Real estate was artificially hyped and created, but the dust of reality. Utter flop. 
 

Already ninda muniginaka, inkokadu ochi munchindu…

Rey nee guruvu gadi original name dino eddy ani kakunda .... Nalla balu ani pettalsindi raa.....vaadi training lo  Nee posts and quotes choosthe chatrapathi lo venu madhav lekkane untai....face and personality kooda match avuddi kooda