YSRCP Leader Alleges Financial Misrepresentation in 2026-27 Budget

YSRCP Leader Alleges Financial Misrepresentation in 2026-27 Budget.webp

Amaravati, February 14 YSRCP leader B Rajendranath on Saturday termed Andhra Pradesh's budget for 2026-27 as a "bundle of lies".

Addressing a press conference, the former finance minister alleged that tall claims and manipulation of figures were blatant in the budget, claiming that its format has been altered to the extent of concealing "lies and not revealing" the comparative financial discipline by providing the mandatory 10-year data.

The Andhra Pradesh government presented a budget of over Rs 3.32 lakh crore for 2026-27, and said that the state was financially "yet to recover" from the "mess" created by the previous YSRCP regime.

"A 'bundle of lies' (budget) which tries to hide more than what it reveals and lacks in substance," Rajendranath said, adding that it boasts of a high growth rate.

The corresponding increase in revenue is very low, which he alleged, indicates that the figures are "fabricated".

Citing the Jal Jeevan Mission, he said that the Centre has spent Rs 8,500 crore nationwide, while the coalition government claims that it has spent Rs 10,000 crore.

Further, he noted that the revenue figure of the previous year and the revised estimates leave a significant gap, wondering how the government will address this in the last quarter.

Not a single poll promise has been fulfilled, while the loan amount has crossed Rs 3 lakh crore, which is not reflected in the budget, he claimed.

"All sections of people feel cheated, and they cannot find answers in the budget. Farmers, students, women, the unemployed, and their problems were not addressed in the budget," he said.

Comparing the TDP-led NDA government with their previous regime, Rajendranath asserted that the YSRCP government had done better despite the Covid pandemic.
 
Tags Tags
andhra pradesh budget 2026-27 b rajendranath budget analysis budget format economic data financial claims financial discipline government spending jal jeevan mission loan amounts political criticism revenue figures state finances ysrcp ysrcp regime
Back
Top