UPSCSTATE-PSCBANKINGSSC
YSRCP alleges financial mismanagement, citing CAG data on GSDP inflation, borrowings, and consumption.
Summary
YSRCP chief alleges financial mismanagement by the current regime, citing CAG data. The accusations include inflated GSDP figures, record borrowings, and declining consumption, indicating potential fiscal distress.
Key Points
- YSRCP chief accuses the current regime of financial mismanagement.
- Allegations include inflating GSDP figures.
- The accusations are based on data from the Comptroller and Auditor General (CAG).
- Claims of record borrowings and declining consumption are made.
- The situation points towards potential fiscal distress.
Full Article
YSRCP chief cites CAG data to allege severe financial mismanagement, record borrowings and declining consumption under the present regime
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