YSR Congress vacates Office to save rent!

The Main Opposition party of Andhra Pradesh, YSR Congress seems to be in a financial crunch. The party has decided to vacate its headquarters in Road No.45, Jubilee Hills, Hyderabad and move to its President YS Jagan Mohan Reddy’s residence in Lotus Pond. Following the defeat in the recent elections, the party has decided to cut down the administrative and maintenance expenses. This move will save them 1 Crore a month.

ADVERTISEMENT

An unused building in the lotus pond will be used as the office now. The party is almost empty in Telangana and is planning to start a new head quarters in Vijayawada very soon. So, this cutting down expense in Telangana will mean that shutting shop in Telangana with nominal presence. It is also said that funds have dried up for YSR Congress following the recent defeat. The party leadership had decided to save as much money as possible for upcoming bielections.

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

Recent Posts

పాక్‌తో మరో యుద్ధం తప్పదా?

జమ్మూ కశ్మీర్‌లోని కుల్గాం జిల్లాలో సీఆర్‌పీఎఫ్ క్యాంప్‌పై ఉగ్రవాదులు దాడి చేశారు. ఈ దాడిలో ముగ్గురు జవాన్లు గాయపడినట్లు తెలుస్తోంది.…

2 minutes ago

NTR’s God Of War Faces Uncertainty

Trivikram is currently occupied with one of the biggest commitments of his career, God Of…

12 minutes ago