Mon Oct 21 16:39:24 UTC 2024: Chief Minister N. Chandrababu Naidu announced that the TDP coalition government paid off Rs 100 crore in pending bills over the past 125 days. He emphasized efforts to address the state’s debt burden, which he attributes to the previous government led by Y.S. Jagan Mohan Reddy, who he criticized for increasing the debt without proper governance. Naidu highlighted several instances where his government cleared unpaid bills, including:
– Rs 16 crore spent on vehicles for the Disha Law, which was not implemented by the previous government.
– Rs 20 crore on communication equipment and cyber labs that remained unpaid.
– Rs 60 crore owed as a matching grant for central funds for the fiscal year 2021-22.
Naidu is working to streamline finances and reduce state debt by accessing funds from various sources. The article raises questions about how YCP leaders will react to the clearing of these pending bills.
First Piper 