AP Budget : It’s a mere jugglery of figures

Duvvuri Krishna

Hyderabad: Dubbing the Andhra Pradesh state budget presented in the assembly as a post-dated cheque with no reserves, YSR Congress has said that it’s a mere jugglery of figures.

Speaking to reporters here today, party leader Duvvuri Krishna said that the state budget is just like a mirage and the figures do not add up as there is a yawning gap between the promises and the allocation of funds.

The ever increasing revenue deficit stands as the highlight of the budget with the extravaganza and empty promises as there are no proper allocations in the budget to match the slew of welfare schemes that were announced by Chandrababu Naidu just before the elections to cover up his past failures.

The projection of revenue and expenditure projections are just like a mirage and a jugglery of figures and the promises made to DWACRA groups and other schemes do not reflect in the budget with supporting figures in the form of allocations.

The TDP government is trying to copy the Navaratras announced by our leader YS Jagan Mohan Reddy and the state has failed to incorporate them in the proper manner in the budget, he said.

The budget of Rs 2.26 lakh crores has a whopping Rs 1.80 lakh crore revenue expenditure and from the paltry Rs 29, 596 crores capital expenditure Rs 8, 994 crore is towards repayment of public debt, which shows that the Chandrababu Naidu has pushed the state into a debt trap, he said.

The growth rate put at 11.5 % is unrealistic as the indicators are not tangible and the much boasted Annadata Sukhibhava scheme has no proper allocation, he said.



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