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T'gana Sheep Scandal Is Worth Over ₹1,000 Crore, Assesses ED
The New Indian Express Anantapur
|August 02, 2025
Assessment based on findings from CAG audit and records from seven districts
The Hyderabad Zonal Unit of the Enforcement Directorate (ED) has assessed that the financial irregularities in the Sheep Rearing Development Scheme (SRDS) implemented during the BRS regime caused a loss of over ₹1,000 crore to the exchequer. This assessment is based on findings from the Comptroller and Auditor General's (CAG) audit, which examined records from only seven of 33 districts in the state.
On July 30, the ED conducted searches at eight locations in Hyderabad under the Prevention of Money Laundering Act, focusing on the role of officials and beneficiaries associated with the scheme.
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