Jagan alleges 'deceptive' Andhra GSDP estimates, points to CAG data

india
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Moneycontrol•11-12-2025, 00:05
Jagan alleges 'deceptive' Andhra GSDP estimates, points to CAG data
- •YSRCP chief Jagan Mohan Reddy labeled Andhra Pradesh's FY 2025-26 GSDP estimates "deceptive," citing significant differences from CAG audited accounts.
- •Jagan's allegations counter CM Chandrababu Naidu's claim of the state's strong fiscal performance.
- •He stated that CAG accounts reveal low revenue growth, high borrowings, weak capital spending, and alarming deficits.
- •The former CM alleged rampant corruption is plundering state revenues, contradicting the NDA government's economic narrative.
- •Jagan questioned the state's persistent fiscal pressure and declining contribution to national GDP, urging public examination of economic data.
Why It Matters: This challenges the state government's economic claims and financial transparency.
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