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NCD Issuance by APMDC Illegal: Ex-CM
The New Indian Express Vijayawada
|June 23, 2025
FORMER Chief Minister YS Jagan Mohan Reddy accused the TDP-led NDA government of violating key provisions of the Indian Constitution with its planned issuance of Non-Convertible Debentures (NCDs) by the Andhra Pradesh Mineral Development Corporation (APMDC) scheduled for June 24, 2025.
In a strongly worded post on X, Jagan claimed that the move breaches Articles 203, 204, and 293(1), allowing private entities unauthorised access to the State's Consolidated Fund without legislative consent.
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FLERE HISTORIER FRA The New Indian Express Vijayawada
The New Indian Express Vijayawada
20 CHARRED
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The New Indian Express Vijayawada
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The New Indian Express Vijayawada
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The New Indian Express Vijayawada
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The New Indian Express Vijayawada
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1 min
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