Buggana calls Naidu’s White Paper on Andhra finances misleading

Indian Opinion DeskIndian Opinion DeskGovernance5 minutes ago1 Views

CM’s statement on State’s finances misleading, says Buggana

Senior YSRCP leader and former Finance Minister Buggana Rajendranath Reddy has termed the White Paper on Andhra Pradesh's finances released by Chief Minister N. Chandrababu Naidu as completely misleading. Addressing the media…

The Story in Brief

Senior YSRCP leader and former Finance Minister Buggana Rajendranath Reddy has termed the White Paper on Andhra Pradesh's finances released by Chief Minister N. Chandrababu Naidu as completely misleading. Addressing the media in Hyderabad on Saturday, he accused Naidu of self-promotion and denigrating the previous government led by Y.S. Jagan Mohan Reddy.

Buggana pointed out that the document lacked any mention of revenues and that the claimed high growth rate did not match falling revenues. He called Naidu's assertion that the deficit was a myth ridiculous and irresponsible. He also claimed that people thronging Jagan's meetings show they were better off under the previous regime, and that none of Naidu's Super Six promises have been fulfilled.

The Indian Opinion

Both the ruling TDP and opposition YSRCP are playing to their galleries. Naidu’s White Paper likely paints a bright picture of his past tenure while blaming the previous government for the current mess. Buggana’s rebuttal, predictably, denies any mismanagement. The ordinary citizen is left guessing where the truth lies. The real test will come when the Comptroller and Auditor General tables its report on Andhra’s finances. Until then, every number in these documents should be treated with caution.


Source: thehindu.com

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