YCP chief and former chief minister YS Jaganmohan Reddy lamented that Chief Minister and TDP chief Chandrababu Naidu had been issuing misleading white papers to deceive the public, claiming that the state treasury was empty and that there were no funds to pay off debts.
He alleged that Naidu is resorting to such tactics only to cover up his failure to fulfill his election promises and misleading the public with false financial claims. He urged Chandrababu Naidu to stop misleading the public with false statistics and to fulfill the promises he made during the election campaign, including the “Super Six” schemes.
Jaganmohan Reddy claims that as of June 2024, the total debt of the state, including loans from power companies and guarantees, stood at Rs. 7,48,612 crore, of which Rs. 4,08,170 crore was inherited from the previous government. He asserted that the debt growth rate under his administration was 12.9%, compared to 21.63% under Naidu’s previous term, despite the economic challenges posed by the COVID-19 pandemic.
The Chief Minister recalled that during the election, Chandrababu Naidu claimed responsibility for the state, promising to create wealth and manage the state’s Rs. 14 lakh crore debt while guaranteeing all promises made. But today, he accused that Naidu is betraying the people by shifting the responsibility onto them after coming to power, thus revealing his true intentions.
He questioned Naidu’s promises of job creation, financial assistance for fishermen, and the implementation of other schemes, which remain unfulfilled. Though Naidu promised during elections to continue all the existing programs of the government, Jaganmohan Reddy deplored that after a change of government large numbers of welfare schemes are being pushed into cold storage.
He Amma Vodi, Rythu Bharosa, Vasathi Deevena, interest free loans, fee reimbursement, unemployment allowance and pensions, have been neglected by the present government. He also pointed out the lack of action on crucial schemes like Arogyasri, pension deliveries, and home ration supplies.
He further stated that Chandrababu Naidu is undermining important educational initiatives, such as the TOFEL period in schools and the distribution of educational kits, and neglecting essential services like the midday meal scheme, English as medium of instruction, and sanitation in schools and villages.
