Jagan Mohan Reddy
india
M
Moneycontrol11-12-2025, 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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