Saturday, March 7, 2026
News

"Budget hides more than what it shows": YSRCP

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Tadepalli (Andhra Pradesh) | March 6, 2026 9:51:17 PM IST
YSRCP on Friday reiterated the "financial indiscipline" of the ruling coalition here, saying that the state budget "hides more than what it shows".

Speaking to the media, former minister Perni Venkataramiah (Nani) of YSRCP said the revised estimates are too meagre to believe, as the "fudging of figures is so enormous that the amount of loans taken is not shown, and the mandatory format was distorted".

"The revenue figures are totally fudged and beyond comprehension, and the last quarter's estimated revenue shown is an unrealistic figure. The tall claims of putting the State back on track are ridiculous, as the figures do not add up, and the budget is a bundle of lies," he said.

He also stated that the government did not allow the Opposition to discuss the Tirupati laddu issue. "While we have data-backed facts, time was given in the Council, and the topic was diverted and deviated, he said, adding that the coalition created ruckus time and again."

"We have a record that Heritage had participated in the TTD bids, but the government has denied it, and we were not given enough time to expose the government, he added.

The power charges were hiked by one name or the other, he said, adding that it is the coalition government that has put private land in the prohibited list, misusing 22A.

"Lands are being sold at throwaway prices to the favoured few. Narendra Modi has given land in Gujarat at a nominal price, while Chandrababu has been giving at dirt low prices and nepotism is being shown," he stated.

Earlier, on the same day, Andhra Pradesh Deputy Chief Minister Pawan Kalyan said that the budget presented by Finance Minister Payyavula Keshav reflects the aspirations of five crore people of Andhra Pradesh.

Speaking in the Andhra Pradesh Legislative Assembly during the discussion on the Appropriation Bill, Pawan Kalyan said that despite financial difficulties, the government presented a budget of Rs 3.32 lakh crore.

He stated that the government is spending Rs 33,000 crore on social security pensions to support the poor and vulnerable sections of society. He alleged that the previous YSR Congress Party government pushed the state into financial disorder.

Andhra Pradesh unveiled a Rs 3.32 lakh crore budget for the 2026-27 financial year, presented by Finance Minister Payyavula Keshav on February 14, 2026. The budget prioritises "people-first growth," focusing heavily on education and healthcare. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Union Minister Amit Shah inaugurates IFF...
Speaker didn't allow LoP to speak: Congr...
'I made it while carrying out my duties'...
Indian Railways' electrification drive a...
'Inflation Man Modi': Congress slams PM ...
Dera chief Gurmeet Ram Rahim Singh acqui...
More...    
 
 Top Stories
"Strike between truth and falsehood... 
Whole crowd cheering for you gives ... 
Ellyse Perry crosses 1000 runs, bec... 
"No more attacks on neighbouring co... 
New GDP series recasts India's econ... 
India faces economic vulnerability ... 
India announces standards of Green ... 
Congress MP Jairam Ramesh seeks par...