The spending spree of Chandrababu Naidu has once again landed AP in a financial mess. Despite increase in revenue from commercial taxes, land registrations and sale of liquor, the AP government is left with a financial deficit of Rs 12000 crore for the last nine months.
Probably, the only state where increase in revenue leads to increase in deficit. Why has this happened? Fiscal irresponsibility! For example, the Godavari Pushkarams were allotted Rs 300 crore, yet the government ended up spending Rs 1600 crore for it not to mention the loss of lives as well. Rs 100 crore has been spent on the renovation of the Chief Minister’s camp offices in Vijayawada and Hyderabad.
A fitment of 43% has been given to employees who refuse to move out of Hyderabad. And do you know how much it has cost the state for the travel of Ministers in chartered flights for the last one year? Just Rs 70 crore. Naidu once again is looking to the Center to bail AP out of its predicament. But the BJP will not do it. They strongly disapprove of the financial loot by Naidu in the name of development and hence view with suspicion, each and every appeal of the latter.