CM Chandrababu Naidu meets Amit Shah in Delhi, notifies him about Andhra's monetary emergency
New Delhi [India], July 17 Andhra Pradesh Boss Priest Chandrababu Naidu met Association Home Pastor Amit Shah in Delhi on Tuesday and advised him about the state's monetary condition.
The gathering occurred at the home of Amit Shah.
Today in New Delhi, I met with the Hon'ble Association Home Priest, Shri @AmitShah Ji, to notify him about the staggering state of funds that Andhra Pradesh had slipped into throughout the course of recent years. I additionally talked about the discoveries of the four White Papers delivered, framing the… pic.twitter.com/xDrcOZR1jO
— N Chandrababu Naidu (@ncbn) July 16, 2024
In a post on X after the gathering, CM Naidu expressed, "Today in New Delhi, I met with the Hon'ble Association Home Priest, Shri @AmitShahJi, to notify him about the staggering state of funds that Andhra Pradesh had slipped into throughout recent years.
CM Naidu added, "I additionally talked about the discoveries of the four White Papers delivered, framing the amazing obligation gathered between FY 2019-24 that spiraled our State's funds wild. Monetary ineptitude, absurd botch, and widespread debasement by the past government have made unsalvageable harm our State."
"Respecting the command given by our kin to the NDA, the Focal and State legislatures will devise a thorough recuperation plan and welcome our State's economy in the groove again. We will satisfy individuals' goals together," his post added.
Prior, Andhra CM Chandrababu Naidu on Monday blamed the past Jagan Mohan Reddy administration of stealing from regular assets, making suit, and taking advantage of terrains and minerals in the state during his residency.
He likewise guaranteed that woodlands were deforested under their organization. "We have distinguished records of their defilement," he added.
Prior on July 9, the Andhra Pradesh government under Boss Pastor Chandrababu Naidu drifted a whitepaper around its power area, where it examined its status and raised charges against its ancestor government under Jagan Mohan Reddy.
According to the whitepaper, there was a wonderful expansion in the power duty trouble among purchasers, the obligation of state power utilities expanded, and there were misfortunes because of wasteful administration.
Complete credits of Andhra Pradesh power utilities expanded from Rs 62,826 crore in 2018-19 to Rs 112,422 crore in 2023-24, with an increment of Rs 49,596 crore or a 79 percent expansion.
Further, the paper likewise affirmed that financial backers lost certainty and that the brand picture of Andhra Pradesh was ruined.
The typical tax for homegrown buyers expanded from Rs 3.87 per unit to Rs 5.63 per unit, an ascent of 45%, during the Reddy government, the whitepaper noted.
It likewise noticed that a postpone in the charging of nuclear energy stations brought about an all out extra weight of Rs 12,818 crore.
It especially referenced the defer in the authorizing of the Polavaram Hydroelectric Task. An agreement was granted on December 6, 2017, with a normal charging date of May 2023.
Afterward, as per the whitepaper, the agreement was ended and the charging date was amended to January 2026.
Because of continuous intervention, the whitepaper affirmed that it prompted a normal loss of up to Rs 1,500 crore. The effect of value variety was Rs 350 crore.