TDP exposed in RS: Minister 

Industries, Commerce and IT Minister Gudivada Amarnath has slammed the Telugu Desam Get together for its monetary mismanagement throughout 2014-2019, which was confirmed by the Union Authorities in Rajya Sabha on Tuesday.

“The TDP’s false narrative in opposition to YSRCP was uncovered in Rajya Sabha when Union Minister of State for Finance hinted that the TDP is the explanation for monetary troubles in Andhra Pradesh,“ he  stated.

TDP MP Kanakamedala Ravindra Kumar was left embarrassed within the Rajya Sabha when the Union Authorities stated that it was throughout TDP’s tenure that Andhra Pradesh received into the monetary burden to his unstarred query in Parliament on Tuesday, the Minister stated.

Earlier within the day, Union Minister of State for Finance Pankaj Chaudhary, quoting the Comptroller and Auditor Basic (CAG) on State Funds Audit Report, stated, “After bifurcation of the State, an extra expenditure of ₹1,62,828.70 crore between 2014-15 and 2018-19 was occurred. But it surely was but to be regularised. As per the report, Explanatory Notes (ENs) have been furnished for under ₹51,677.74 crores in opposition to ₹1,62,828.70 crore by the division involved.”

The Union Minister additional acknowledged that as per Article 205, a State Authorities should get the surplus over a grant regularised by the State Legislature after dialogue of the appropriation accounts by the Public Accounts Committee (PAC) of the State. For this goal, departments involved have been required to submit Explanatory Notes for extra expenditure to the PAC via the Finance Division of the State.

Mr. Amaranth stated Chief Minister Y.S. Jagan Mohan Reddy had repeatedly knowledgeable the individuals of the State that the present monetary burden occurred as a result of mismanagement of the earlier TDP regime. On Tuesday, it was confirmed by the Centre, he added.