𝙏𝙝𝙚 𝘾𝘼𝙂 𝙛𝙞𝙜𝙪𝙧𝙚𝙨 𝙧𝙚𝙫𝙚𝙖𝙡 𝙘𝙤𝙣𝙩𝙞𝙣𝙪𝙞𝙩𝙮 𝙤𝙛 𝙛𝙞𝙨𝙘𝙖𝙡 𝙨𝙩𝙧𝙚𝙨𝙨
During the five year period, 2019-24, the then opposition parties TDP and JSP continuously lied that the then Government’s policies were resulting in unchecked growth in liabilities and that, the Capital expenditure in crucial sectors was negligible and that, the State Government revenues were growing at a slower pace indicating economic slowdown. In fact the TDP and JSP committed to the electorate that they would ensure that the State Government revenues grow very rapidly and that State debt would grow a very slow pace, in their Government.
A mere glance at the performance of the TDP alliance Government on fiscal front, exposes their failures. During the financial year 2024-25, the year-on-year growth of State Government’s own revenues (including tax revenues and non-tax revenues) was only 3.08%. This is with respect to the fiscal year during which provisional estimates of the Central Government for India’s GDP growth during 2024-25 is 9.8% and the corresponding growth of Central Government revenues is 12.04%. However, if AP’s economy is really growing at a pace of 12.02% as falsely claimed by the TDP alliance Government, why would the State Government revenues growth be as low as 3.08%?
I am sure, many would have expected that, during the current fiscal year 2025-26 there would be some level of recovery and that the State revenues would demonstrate a good growth over the already subdued revenues during 2024-25. However, during the first four months of this fiscal year, the year-on-year growth indicates continuity of the same distress. Goods and Service Tax and Sales Tax reflect consumption and the aggregate of the GST revenues and Sales Tax revenues were lower during the first four months of this Financial year when compared with the corresponding period last year, the performance during which was already subdued.
If we take into consideration, the CAGR of revenues over the first four months of the two year period 2023-24 to 2025-26, the situation is even more distressing with the State’s own revenues growing at only 2.39%, when compared with a figure that should normally have been around 10%
Another aspect is the State debt. Even if all categories of debt are taken into consideration i.e. public debt, public account, State Government guaranteed PSU debt and non-State Government guaranteed PSU debt, the growth of liabilities during the five year period 2019-2024 is Rs. 3,32,671 crores. However, the aggregate liabilities contracted during the first 14 months of the TDP alliance Government is worryingly high at Rs. 1,86,361 crores (56% of what previous Government borrowed over a five year period). With revenue growth being very low and debt increasing at astronomical rate, the @ncbn alliance Government must seriously rethink on their Governance model leading to rampant corruption prevalent at all levels.
@balaji25_t Hyderabad needs a rain that keeps people indoors for atleast 2 days. We used to have atleast one rain of such magnitude past few years, but none so far. Expect one such in coming days so that people really have the feel of rainy season.
151 ఎమ్మెల్యే స్థానాలకు పైగా 22 ఎంపీ స్థానాలకు మించి గెలవబోతున్నాం
ఇప్పుడు వచ్చే ఫలితాలతో దేశం మొత్తం ఆంధ్రప్రదేశ్ వైపు చూడబోతుంది 🔥
-సీఎం @ysjagan#YSRCPWinningBig#YSJaganAgain
నిన్న జరిగిన ఎన్నికల్లో మండుటెండలు సైతం లెక్కచేయకుండా నాకు ఆశీస్సులు ఇవ్వడానికి సునామీలా తరలివచ్చిన నా అవ్వతాతలకు, నా అక్కచెల్లెమ్మలకు, నా అన్నదమ్ములకు, నా రైతన్నలకు, నా ఎస్సీ, నా ఎస్టీ, నా బీసీ, నా మైనారిటీలకు, నా యువతీయువకులందరికీ పేరుపేరునా శిరస్సు వంచి కృతజ్ఞతలు తెలియజేస్తున్నాను.
మన @YSRCParty గెలుపుకోసం చెమటోడ్చి శ్రమించిన నా కార్యకర్తలందరికీ హృదయపూర్వక కృతజ్ఞతలు.
ఇప్పటివరకు సాగిన మన సుపరిపాలన, మరింత మెరుగ్గా కొనసాగుతుందని హమీ ఇస్తున్నాను.
@sumesh71680739@mipaltan@ImRo45 MI was still in 3rd place with such young team last year, credit to Rohit, he should have won them the trophy this time had he been given another go. But it will be IMPOSSIBLE for Hardik to achieve same success as Rohit at MI. Let's see how it goes!!
@sumesh71680739@mipaltan@ImRo45 Rohit won IPL trophy in 1st assignment as MI skipper . The major loss after winning back to back trophies in 2019 and 2020 are to do with their think tank at auction and major reshuffle of the team. It took time to rebuild the team. And Rohit has done exceedingly well.
@sumesh71680739@mipaltan@ImRo45 Pandya is not bad either, but he doesn't seem to be fit for MI leadership role. He will surely be given more chances.. Lets wish him good luck.
@sumesh71680739@mipaltan@ImRo45 If MI wanted to have a leader for the future , they could have given Rohit the responsibility of grooming his succession. They have many capable guys, BUMRAH, SKY, TILAK.. One of them could have been their skipper in a couple of seasons working closely with Rohit.
If you realize how fragile your Life is and how at any moment it could be turned upside down, you will walk very gently on this planet. #SadhguruQuotes