YSR Congress party president and former Andhra Pradesh chief minister N Chandrababu Naidu on Tuesday debunked the claims of chief minister N Chandrababu Naidu on the increasing GSDP growth rate and the estimates for the financial year 2025-26.
“As correctly pointed out by @ncbn garu, the government prepared the figures under his guidance, ‘to deceive’. As is evident, the government can cook up figures pertaining to advance estimates of GSDP but cannot fudge State Government accounts audited by the Comptroller and Auditor General of India,” Jagan said, in his latest post on X.
He said the fiscal performance can be ascertained from the state accounts figures released by the CAG. These accounts are not prepared under the advice of Chandrababu Naidu and they are indeed a compilation of the actual receipts and expenditure of the state government.
“The economic reality as conveyed by the accounts for the first half of this financial year released by the CAG is that, the state is suffering from abysmally low growth in state government’s revenues, unprecedented levels of state government borrowings, worryingly low capital expenditure, low levels of consumption and investment in the economy, alarming levels of revenue and fiscal deficits,” he said.
He said it is also apparent that the state government revenues are being plundered owing to rampant corruption.
“When this is the factual position, the TDP alliance government attempts to deceive the people into believing that the state’s economy is booming,” he said.
He quoted Abraham Lincoln statement: “You can fool all the people some of the time and some of the people all the time but you cannot fool all the people all the time.”