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Andhra’s finances better than that of Centre: YSRCP leader

YSRCP Parliamentary Party chief V. Vijayasai Reddy on Thursday claimed that Andhra Pradesh’s funds are higher than that of the Central authorities.

Amaravati:YSRCP Parliamentary Party chief V. Vijayasai Reddy on Thursday claimed that Andhra Pradesh’s funds are higher than that of the Central authorities.

He mentioned the monetary place of Andhra Pradesh can be higher than the monetary place of many states.

Reddy mentioned from 2019 to until now, the Centre’s money owed have gone up by 50 per cent whereas throughout the rule of the YSRCP in the identical interval, Andhra Pradesh’s money owed elevated by solely 43 per cent.

The YSRCP chief additionally alleged that the Heart is doing grave injustice to the states. He mentioned the Heart was elevating cesses and surcharges with out giving the states their due share.

The Rajya Sabha member slammed Telugu Desam Party (TDP) President and former Chief Minister N. Chandrababu Naidu for evaluating the scenario of Andhra Pradesh with Sri Lanka.

“Andhra Pradesh will not turn into a Sri Lanka but Chandrababu may flee to Singapore like Rajapaksa,” he mentioned referring to the previous Sri Lankan President.

Reddy famous that Andhra Pradesh’s exports are a lot greater than the exports of Sri Lanka.

He mentioned it was the TDP authorities headed by Chandrababu Naidu which went for indiscriminate borrowings between 2014 and 2019. He claimed that the state’s money owed throughout the interval rose by 119 per cent whereas the Centre’s money owed had gone up by solely 60 per cent.

Stating that Andhra Pradesh is dominated by an efficient chief like YS Jagan Mohan Reddy, he mentioned Naidu was intentionally spreading falsehood concerning the state.

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