Politics

Jagan Government’s Strange Demand to the Center

Andhra Pradesh Government had decided to approach the 15th Finance Commission with a strange demand. The Government is going to approach the commission to recommend the complete waiver of all the loans of the State to the Central Government. It will also seek to continue the Revenue Deficit which was in practice during the 14th Finance Commission.

ADVERTISEMENT

“We are planning to approach the 15th Finance Commission to waive off all the central loans citing haphazard bifurcation and the disastrous financial management of the previous Government. Due to the previous government, we are in neck-deep financial troubles and could not even go for new loans,” an official said.

“There are 2,72,266 bills worth 39,423 Crore pending. All these are pertaining to the previous Government and they have a bearing effect on the State Budget. Moreover, this Government has several commitments to people like Nava Ratnalu. So, we will ask the Commission to consider our request with a kind heart,” he added.

The State will ask the center to consider Andhra Pradesh as a Special State but not as a General Category State. Financial Experts say that this is a very strange demand which has been never done in the past for any state. In all likelihood, the proposal will be dumped without any consideration, they say.

Share
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…

Published by
Tags: cross link

Recent Posts

Ameesha Patel Puts Bollywood’s Big Entourages Under the Lens

Ameesha Patel has taken a dig at the growing entourage culture in Bollywood, particularly questioning…

3 minutes ago

Pawan Kalyan’s Public Connect in Pithapuram

Deputy Chief Minister Pawan Kalyan visited his home constituency, Pithapuram, to review development works and…

23 minutes ago