Andhra Pradesh CM Naidu Accuses YSRCP of Rs 10,000 Crore Fund Diversion
Andhra CM Naidu alleges Rs 10,000 crore diversion from central schemes under YSRCP
The Economic TimesImage: The Economic Times
Andhra Pradesh Chief Minister N. Chandrababu Naidu accused the previous YSR Congress Party (YSRCP) government of diverting ₹10,000 crore from 94 Central schemes. He stated that the current NDA government inherited debts of ₹10 lakh crore and emphasized improvements in living standards and development under his administration.
- 01N. Chandrababu Naidu alleges Rs 10,000 crore diversion by YSRCP from central schemes.
- 02The NDA government inherited debts totaling Rs 10 lakh crore from the previous regime.
- 03Naidu highlighted the effectiveness of the direct benefit transfer method in reducing fund leakage.
- 04He received a business reformer award, which he believes will enhance investment in Andhra Pradesh.
- 05Naidu emphasized that the government prioritizes people's satisfaction in its initiatives.
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During a conference in Amaravati, Andhra Pradesh, Chief Minister N. Chandrababu Naidu accused the previous YSR Congress Party (YSRCP) government of diverting ₹10,000 crore from 94 Central schemes. He stated that the current NDA government inherited a staggering ₹10 lakh crore in debts from the YSRCP regime. Naidu claimed that the previous administration was responsible for significant fund leakage in welfare schemes, which has been addressed through the implementation of the direct benefit transfer (DBT) method, ensuring that funds reach beneficiaries directly. He criticized the YSRCP for leaving the state's infrastructure in poor condition, particularly citing potholed roads. Naidu expressed optimism about the future, referencing a recent business reformer award he received, which he believes will positively influence investment in the state. He acknowledged the collective effort of his administration in achieving this recognition and reiterated the government's commitment to prioritizing the satisfaction of the people.
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The allegations may influence public perception of the previous government and impact future political dynamics in Andhra Pradesh.
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