YSRCP Slams CM Naidu's White Paper on State Finances

The YSRCP on Saturday launched a scathing attack on the white paper presented by Chief Minister N. Chandrababu Naidu, terming it a document with no substance and totally misleading. 

The party alleged that the paper is aimed at self-promotion and derides the achievements of the previous administration. 

Speaking to the media, former Finance Minister Buggana Rajendranath claimed that the bulky document presented by Chandrababu makes no mention of revenues, asserting that the claim of a high growth rate is a bluff as it does



not concur with falling state revenue.

According to a YSRCP press release, Chief Minister N. Chandrababu Naidu's statement that the deficit is nothing but a myth is not only ridiculous but a highly irresponsible remark, asserting that Naidu allegedly makes no mention of revenue in the entire document. 

The release further stated that the basic flaw in the document begins with the premise that state finances were low only during 2019-24, while portraying them as rosy during 2014-19 and back to a healthy economy over the past two years.