Amaravati: Financial situation in Andhra Pradesh is very bad. It is now the 8th and government employees from various departments have not yet been paid their salaries. As the government has arrears of salary for many contract employees for about 4 to 6 months, they are involved in demonstrations and dharnas. It is said that the garbage truck contract drivers have not been paid for almost 6 months and they may go on strike anytime.
Every month Andhra Govt borrows from Reserve Bank and manages the expenses. In this case, MP of Telugu Desam Party in Rajya Sabha. Ravindra Kumar yesterday raised a question about Andhra government’s debt.
Union Minister of State for Finance Pankaj Choudhary has said in a written reply that: Andhra Pradesh’s debt has doubled compared to last year 2019. In 2019, Andhra Pradesh government’s debt was Rs.2,64,451 crore. It increased to Rs.3,07,671 crore in 2020. By 2021, it will be Rs.3,53,021 crore. In 2022, it was Rs.3,93,718 crore. 2023 budget is Rs.4,42,442 crore as of now. Andhra government has taken a loan of about Rs.45 thousand crores every year. This is what he said in it.
