Archive · 8 Jun 2025
Jagan: AP's Fiscal Performance 'Gloomy,' Cites CAG Data
Jagan Mohan Reddy, a former chief minister, is concerned about Andhra Pradesh's financial situation.
He points to government figures from a government auditor to show that tax money coming in is down.
He says that the government first said they had a lot of money, but then it was revealed some money was taken away by the central government.
Reddy thinks the real numbers show the state's economy is struggling, with tax and non-tax revenues decreasing compared to the previous year.
The current government has not yet responded to Reddy's claims.
Jagan Mohan Reddy described Andhra Pradesh's fiscal performance as 'gloomy'.
He cited CAG figures for April 2025, showing a 24.20% contraction in State GST revenue.
Reddy criticized the government for initially claiming high GST collections in April 2025.
He noted the central government's deduction of ₹796 crore from IGST.
Reddy stated that CAG figures indicate a trend of economic sluggishness.
- Who
- YSRCP leader Jagan Mohan Reddy and the state government.
- What
- Jagan Mohan Reddy commented on Andhra Pradesh's fiscal performance using CAG data.
- When
- April 2025 (data analyzed), June 8, 2024 (Reddy's comments)
- Where
- Andhra Pradesh
- Why
- Jagan Mohan Reddy believes Andhra Pradesh's fiscal performance is poor due to declining revenues, based on CAG data.
YSRCP's View
TDP Government's View
Fiscal Performance
YSRCP's View
YSRCP claims Andhra Pradesh's fiscal performance indicates 'distress' based on CAG data.
TDP Government's View
No immediate reaction from the ruling TDP.
- State
- Andhra Pradesh
- Party
- YSRCP
- Leader
- Jagan Mohan Reddy
- CAG Data Period
- April 2025
- Decline in State GST Revenue (April 2025)
- 24.20%
- Decline in Tax Revenue (April 2025)
- 12.21%
- Decline in Non-tax Revenue (April 2025)
- 22.01%
- Central Govt Deduction from IGST in April 2025
- ₹796 crore