Will pull AP out of debt: Naidu
11 months, 3 weeks ago

Will pull AP out of debt: Naidu

Deccan Chronicle  

KAKINADA: Telugu Desam chief and former chief minister N. Chandrababu Naidu has promised that he will not raise power tariff after Telugu Desam, Bharatiya Janata Party and Jana Sena alliance comes to power in Andhra Pradesh. “The present Chief Minister had hiked power tariff nine times in the past five years,” Chandrababu Naidu told people on Thursday evening while on his Prajagalam Yatra traversing Kovvuru and Gopalapuram assembly segments in East Godavari district. “I will focus on wealth generation as well as welfare,” the former CM assured, while accusing Jagan Mohan Reddy of completely neglecting infrastructure and roads in Andhra Pradesh. Naidu assured that he will pull Andhra Pradesh out of the debt trap, create employment opportunities for youth and make available quality liquor at reasonable prices.

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History of this topic

The Schrodinger’s cat of Andhra’s volunteer system
2 months, 1 week ago

The Schrodinger’s cat of Andhra’s volunteer system

The Hindu  

The boisterous Sankranti festivities in the street seemed to mock the silence that filled Telugu Ganimini Meena Kumari’s dimly lit single-room house in Chakali Veedhi at the One Town area of Kurnool town in Andhra Pradesh. Shaik Abubakar Siddiq, president of Andhra Pradesh Nirudyoga JAC, filed a petition in the High Court, accusing the previous YSRCP-rules government of “deceiving unemployed …

Chandrababu Naidu pushing A.P. into a debt trap by borrowing loans at higher interest rates, says Chinta Mohan
2 months, 1 week ago

Chandrababu Naidu pushing A.P. into a debt trap by borrowing loans at higher interest rates, says Chinta Mohan

The Hindu  

Former Union Minister and senior Congress leader Chinta Mohan on Thursday alleged that Chief Minister N. Chandrababu Naidu was pushing Andhra Pradesh into a debt trap by borrowing ₹60,000 crore from different agencies, including the World Bank at higher interest rates. He said that the latest borrowing of ₹11,000 crore from HUDCO at 8% interest per annum would be detrimental …

Debt in Andhra Pradesh stands at Rs 9.74 lakh crore, says CM Chandrababu Naidu
4 months, 2 weeks ago

Debt in Andhra Pradesh stands at Rs 9.74 lakh crore, says CM Chandrababu Naidu

New Indian Express  

VIJAYAWADA: Chief Minister N Chandrababu Naidu on Friday revealed that the State incurred a debt of Rs 9,74,556 lakh crore under the previous YSRC government. Listing the components of the debt, Naidu explained it includes Rs 4.3 lakh crore State debt, Rs 80,914 crore Public Account Liabilities, Rs 2.47 lakh crore corporations debt, civil supplies debt of Rs 36,000 crore, …

‘Andhra’s debt rose to over ₹9 lakh crore’: Naidu in white paper
8 months ago

‘Andhra’s debt rose to over ₹9 lakh crore’: Naidu in white paper

Hindustan Times  

Telugu Desam Party president and Andhra Pradesh chief minister N Chandrababu Naidu on Friday alleged that the state’s economy had witnessed a sharp fall in the growth rate from 13.5% to 10.5% during the five-year regime of the previous YSR Congress Party government, resulting in a loss of revenue up to ₹6.94 lakh crore. The chief minister said the state’s …

YSRCP’s Liquor policy: Andhra Pradesh orders CID probe into ‘liquor scam’ during YSRCP term
8 months, 1 week ago

YSRCP’s Liquor policy: Andhra Pradesh orders CID probe into ‘liquor scam’ during YSRCP term

The Hindu  

The Government of Andhra Pradesh has ordered an inquiry by the Crime Investigation Department into the Excise policy during the tenure of the YSRCP dispensation led by Y.S. Of the ₹99,413-crore worth retail sales in the last five years, digital payments were made only in respect of sales costing ₹615 crore, he said, adding “it is an irregular conduct of …

YSRCP govt. is playing with lives of people by not clearing ₹1500-crore Aarogyasri dues, says Naidu
11 months ago

YSRCP govt. is playing with lives of people by not clearing ₹1500-crore Aarogyasri dues, says Naidu

The Hindu  

Telugu Desam Party national president N. Chandrababu Naidu has said that the YSRCP government has “mortgaged the people’s health by not clearing ₹1500 crore dues of the hospitals under the Aarogyasri scheme. Jagan Mohan Reddy and Finance Minister Buggana Rajendranath Reddy would come up with ‘cooked-up stories’ and circulate falsehood on the allegation. In the same vein, Mr. Naidu accused …

AP observed fiscal discipline despite constraints: CM Jagan
1 year, 1 month ago

AP observed fiscal discipline despite constraints: CM Jagan

Deccan Chronicle  

VIJAYAWADA: Chief Minister Y.S. Jagan Mohan Reddy has said the rate of AP’s debt increase was reduced to 12.13 per cent during his term from a high of 21.87 per cent during Chandrababu Naidu's tenure. The Chief Minister recalled, “We started the journey in 2019 with a debt of Rs 4.12 lakh crore and now it is about Rs 7 …

AP Regressed in 30 years, Hyderabad is Progressing: Naidu
1 year, 2 months ago

AP Regressed in 30 years, Hyderabad is Progressing: Naidu

Deccan Chronicle  

VIJAYAWADA: Telugu Desam chief Nara Chandrababu Naidu has observed that Andhra Pradesh has regressed by 30 years under the YSR Congress government while Hyderabad is progressing. “Amaravati would also have flourished if the TD government continued in power,” Naidu said while addressing a public meeting organised under the name Ra Kadali Ra in Tiruvuru of NTR district on Sunday. Reiterating …

TD leader slams Andhra Pradesh government over diversion of borrowed funds
2 years ago

TD leader slams Andhra Pradesh government over diversion of borrowed funds

Deccan Chronicle  

Amaravati: The Andhra Pradesh government diverting borrowed funds raises questions as to how the state will develop in such a scenario, a Telugu Desam Party politburo member said. TDP leader Yanamala Ramakrishnudu noted that the state stood only 19th in the country in terms of direct benefit transfers, even as the lion's share of the 2023-'24 budget, more than Rs …

Jagan dares Naidu to convince people
2 years, 1 month ago

Jagan dares Naidu to convince people

Deccan Chronicle  

VIJAYAWADA: Andhra Pradesh Chief Minister Y.S. When compared with Centre, the state’s debt grew at 19.02 per cent CAGR during 2014-19 while that of the Centre was just 9.89 per cent. On the contrary, the state’s debt grew at 13.55 per cent between 2019-23 during which period the Centre’s debt growth stood at 13.85 per cent. The state’s debt grew …

People’s revolt against YSRC has started: Naidu
2 years, 3 months ago

People’s revolt against YSRC has started: Naidu

Deccan Chronicle  

TIRUPATI: Predicting revolutionary changes in Andhra Pradesh, former chief minister and Telugu Desam Chief N. Chandrababu Naidu said that the people in the State have already started revolting against the ruling YSR Congress Party and the voters will teach them a befitting lesson in the 2024 general Assembly elections. Speaking to reporters after winding up ‘Idemi Kharma Mana Rashtraniki' programme …

Every AP family carries ₹3.25 lakh debt due to Jagan: Naidu
2 years, 6 months ago

Every AP family carries ₹3.25 lakh debt due to Jagan: Naidu

Deccan Chronicle  

VISAKHAPATNAM: Telugu Desam chief and former chief minister Nara Chandrababu Naidu declared that Chief Minister Y.S. Chairing the TD general body meeting at the party headquarters in Mangalagiri on Friday, Naidu said an average American earns $65,000 a year, while an NRI makes $1.25 lakh per annum. "In Andhra Pradesh, people of the state are suffering a heavy financial burden …

Will ban liquor in Andhra Pradesh if voted to power in 2019: YSR Cong president
7 years, 8 months ago

Will ban liquor in Andhra Pradesh if voted to power in 2019: YSR Cong president

Deccan Chronicle  

Amaravati: Y S Jaganmohan Reddy-led YSR Congress on Sunday virtually released its manifesto for the 2019 Andhra Pradesh elections promising among other things to make the state liquor-free in a phased manner. Delivering the valedictory address at the YSRC's two-day plenary at Nagarjuna Nagar on Sunday afternoon, the YSR Congress president asked the party rank and file to take the …

Naidu vows to make farmers free of debt
10 years, 9 months ago

Naidu vows to make farmers free of debt

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu said that he was committed to take farmers out of debt trap by waiving loans and promised a separate budget up to Rs. Replying to the debate on motion of thanks to the Governor’s address in the Assembly, Mr. Naidu said that it would take 15 days to one month to implement all …

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