Archive · 26 Jun 2025

Jagan Accuses Andhra Government of Fiscal Mismanagement

Jagan Accuses Andhra Government of Fiscal Mismanagement

Former leader Jagan Reddy is criticizing the current government of Andhra Pradesh, saying they are not being careful with money.

He is concerned about how much money the government is borrowing and how they are using it.

He specifically points to the government borrowing more than half of what the previous government borrowed, through issuing bonds.

Reddy also claims the government is allowing private companies to easily access the state's money and has put up valuable government assets as collateral for the bonds.

Sources