Jagan govt borrows Rs 90k crore to support weaker sections: YSRCP

The YSRCP government on Tuesday admitted to have borrowed Rs 90,000 crore to support the weaker sections during the pandemic.

By Newsmeter Network  Published on  31 March 2021 3:44 AM GMT
Jagan govt borrows Rs 90k crore to support weaker sections: YSRCP

Vijayawada: The YSRCP government on Tuesday admitted to have borrowed Rs 90,000 crore to support the weaker sections during the pandemic.

Addressing media here on Tuesday, Minister for Civil Supplies Kodali Venkateswararao (Nani) said TDP chief Chandrababu Naidu had borrowed Rs 3.6 lakh crore during his tenure, incurred wasteful expenditure and looted the most.

"Chief Minister YS Jagan Mohan Reddy has borrowed Rs 90,000 crore and put it to proper use. Funds were used for the needy weaker sections in times of pandemic and the state did not withhold any welfare activity which was carried out in a transparent manner," he said.

During the Chandrababu regime, the central government's debt ratio increased by 49.92 percent, while in the State it rose to 132.31 percent.

The Minister slammed Chandrababu Naidu for propagating distorted facts from his supported media houses and said that people are not going to believe Naidu's words.

He said that the public has the utmost faith in Chief Minister YS Jagan Mohan Reddy, which is why people have voted for YSRCP in the recent local body elections. The Minister said that YSRCP will win the Tirupati by-poll by a majority of five lakh votes. He stated that there would be no candidates for TDP in the coming elections, as the cadre had already lost faith in Naidu.

Meanwhile, in a separate press conference, YSRCP spokesperson and MLA Ambati Rambabu said Chandrababu Naidu has ruined the legacy of NTR. He said Chandrababu joined TDP after facing a defeat while in Congress and backstabbed his own father-in-law.

"Naidu took over TDP and led to its defeat. There is no future for the TDP under his leadership and advised leaders and workers not to depend on him," he said.

On special status, Ambati Rambabu said that Chandrababu did not have the right to talk about it, as he was the one who betrayed and deceived Andhraites by settling at a special package. He said Chandrababu turned Amravati and Polavaram into a source of his personal income and looted lakhs of crores of rupee


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