It is known that the central government and the opposition party tdp have severely criticized cm Jagan's debts. tdp leader Chandrababu has criticized many times in the past that ap is going to become another sri lanka soon because jagan has pushed ap into debt. However, jagan, who has given up ways to increase his income, is still looking for loans.
In this sequence, tdp senior leader ex-minister Yanamala ramakrishna has recently criticized Jagan. He said that during his three-and-a-half-year rule, jagan had destroyed ap and brought all the agriculture professions and businesses into a crisis. He said that the life of the people living in hundreds of professions in ap has become chaotic like never before and if the situation continues like this, the future of the state is sure to be dark. He warned that if jagan continues as the cm, ap will become another Nigeria, saying that the economic situation of ap is worse than that of zimbabwe due to the burden of debt and taxes on the people with stagnant development. Yanamala said that the newly released CAG report says that AP's debts have increased abnormally. Duyya said that jagan is cheating the people by not showing the debts in the budget.
In three and a half years jagan Rs. Yanamala Duyyabatta said that debts up to 8 lakh crores have been incurred but people's income has not increased and there has been no development. They said that there is no account of where the collected tax money is going and that debts have no relation to income. Annually for the loans made by ap Rs. He said that more than 50 thousand crores of interest have to be paid and this is likely to reach one lakh crores and all this burden is falling on the people. He said that the government's debt by march 2021 has reached 44.04 per cent of the GSDP, which is proof that the financial condition of the state is deteriorating. In three and a half years, the state's per capita debt was Rs. He said that the financial year 2020-21, which has reached 67 thousand, 331 days of borrowing is a reflection of the state's economy.
