Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Tuesday dismissed the allegation of opposition that his government made the state debt-ridden.
Replying to the discussion on the Motion of Thanks on the Governor’s address in the state Assembly, he claimed that his government implemented welfare schemes and took up development activities with financial discipline despite adverse situations like Covid and inheriting ‘strained’ and ‘complex’ status from the previous TDP rule.
He said the debt of residual Andhra Pradesh which stood at Rs 1, 53,000 crore, including all types of loans at the time of bifurcation, had gone up to Rs 4,12,288 crore in 2019 when the YSR Congress Party (YSRCP) came to power.