YS JAGAN FLAYS TDP GOVT FOR EXCESSIVE BORROWING

YSR Congress Party (YSRCP) chief YS Jagan Mohan Reddy has accused the TDP-led government of excessive borrowing in its first year, claiming it accumulated debt equivalent to 44 per cent of the total borrowings made by the previous YSRCP administration from 2019 to 2024.

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Reddy highlighted figures from the Comptroller and Auditor General (CAG) that show the fiscal deficit to Gross State Domestic Product (GSDP) ratio increasing from 4.08 per cent to over 5.12 per cent under the cu