Jagan: Debts are the same thing every day.. The cog that washed away the Jagan government | Telugu News

admin

Financial experts and organizations are expressing concern over AP's debts. They are taking loans by violating the rules. The situation has come to the point where the central finance department through RBI has warned the banks to be a little cautious while giving loans to government corporations.

Jagan: Debts are the same thing every day.. The cog that washed away the Jagan government

Jagan: Not one, not two, every day YSP Sarkar is in debt. Government cannot do without actual debts. Bringing loans and implementing welfare schemes. The situation is getting worse with payments in the form of interest and renewal loans. People are burdened with debt. The debt process has become inevitable for welfare. The CAG objected to further deterioration of financial management. Jagan Sarkar's behavior has dried up. The CAG found that in the financial year 2019-20 alone, 221 days of bad loans were taken. It is clear that in four years, 341 days have been spent in debt.

Financial experts and organizations are expressing concern over AP's debts. They are taking loans by violating the rules. The situation has come to the point where the central finance department through RBI has warned the banks to be a little cautious while giving loans to government corporations. At one stage there was publicity that SBI had stopped disbursing a loan of 1800 crore rupees to the AP government. The central finance department has clarified that the way AP Beverages Corporation is taking loans is unconstitutional. The open market loans, central loans and provident fund amounts are visible, but more than that, the loans brought by the corporations with government guarantees leave the future of the state questionable.

Pony is in debt of lakhs of crores. It is said that the schemes are being implemented. But what about development works? If asked, they are unable to answer. Bills are not being paid in respect of development works done, construction of government buildings etc. The arrears are staggering. It seems that the pending bills of the YCP government are more than 50 thousand crores. Bills have been pending for the last four years. Now they will go to the polls in another month. Now the question arises as to what is the meaning of these pending bills. In total, for the last four and a half years, the YCP government has been working to extend its hand every day. It is remarkable that the CAG has broken this matter.

Tags

About Author

Telugu News (తెలుగు న్యూస్)

తెలుగు వారికోసం తెలుగు న్యూస్ ఇవ్వడం కోసం - ఈ వెబ్సైటు ని స్టార్ట్ చేయడం జరిగింది. ఇక్కడ ప్రాంతీయం, రాజకీయం , సినిమా , క్రీడలు , మరియు తెలుగు వార్త సమాచారం అందిస్తాము. 

Leave a Comment