Municipal Administration Minister Botsa Satyanarayana has admitted how AP economy is in a deep crisis. He is blaming the previous TDP government for the present situation. Right now, AP is finding it very difficult to even pay salaries to the employees. Botsa says that till now, most of government funds area used to clear the dues left pending by Chandrababu Regime.
His comments came as a big surprise for the analysts. How can a minister talk like this even four months after his party came to power? The hard fact is that the state revenue has started going steeply down because of the demolition policy against Amaravati Capital City and unforeseen crisis in construction industry. Recession has also hit revenue transfers from the Centre. No Central funds are coming due to Jagan differences with the Modi Circar.
On the other hand, Navaratnalu welfare programmes will require huge funds. Jagan is already under heavy pressure to pass these benefits to his votebanks.
It is now four months in rule. People are expecting YCP to start fulfilling its poll promises instead of blaming others forever.
