Politics

Did Jagan Declare 10000 Crore Black Money?

Telangana and Andhra Pradesh are in the first two positions among the highest Black Money Declared States in the recently concluded Income Declaration Scheme Rolled Out by the Central Government. Back then, there was a news that one person from Hyderabad declared as much as 10000 Crore in the last minute of the scheme closure.

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Andhra Pradesh Water Resources Minister Devineni Uma Maheshwara Rao came up with an allegation that it was Jagan who declared the 10000 Crore in the last minute of the scheme closure. He went on to say Jagan’s illegal assets if liquidated will be able to fund all the expense of the Welfare Schemes being conducted by the state.

It is interesting to know if Uma has some confidential information about Jagan declaring 10000 Crore Black Money or is just making another political allegation. Central government had agreed to maintain secrecy of the disclosing persons and so the truth may be never revealed. Moreover, under this scheme, there will not be any inquiry or prosecution.

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Sridhar Raavi

Sridhar is a highly experienced hand in Telugu politics, writing and analyzing political happenings in Andhra Pradesh and Telangana. An IT engineer turned news junkie, Sridhar has a sharp eye for catching news as it u…

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