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CBN - The Other Name For Corruption: IV Reddy
By: Tupaki Desk | 18 Nov 2017 12:55 PM GMT
YSR Congress Giddalur in-charge IV Reddy described AP CM Chandrababu Naidu as the brand ambassador of corruption. 'The corruption in Naidu's regime is institutionalized and deep rooted. AP tops the list of Most Corrupt States. Almost all the Ministers were involved in either scams or controversies,' he alleges.
IV Reddy accused Chandrababu Naidu of pushing Andhra Pradesh into a debt trap with his corrupt practices. 'While the Deficit Budget used to Rs 16,000 crore post bifurcation, This has now touched the Rs 20,000-mark. State Government is on a loan borrowing-spree violating all the norms. The total debt is to the tune of Rs 1.22 lakh crore. Not a surprise, AP is staring at bankruptcy,' he told.
The YCP Leader said Centre has stopped sanctioning funds as AP hasn't maintained transparency over how it spent the Central Funds. 'Upon receiving many complaints, Centre began pressurizing AP Government to maintain financial discipline,' says Reddy.
Decision to make Government Schools follow the curriculam of Private Schools is worrying both the Teachers and Students. IV Reddy states the educational standards of Government Schools would have improved had if these funds were used for providing the necessary infrastructure.
IV Reddy accused Chandrababu Naidu of pushing Andhra Pradesh into a debt trap with his corrupt practices. 'While the Deficit Budget used to Rs 16,000 crore post bifurcation, This has now touched the Rs 20,000-mark. State Government is on a loan borrowing-spree violating all the norms. The total debt is to the tune of Rs 1.22 lakh crore. Not a surprise, AP is staring at bankruptcy,' he told.
The YCP Leader said Centre has stopped sanctioning funds as AP hasn't maintained transparency over how it spent the Central Funds. 'Upon receiving many complaints, Centre began pressurizing AP Government to maintain financial discipline,' says Reddy.
Decision to make Government Schools follow the curriculam of Private Schools is worrying both the Teachers and Students. IV Reddy states the educational standards of Government Schools would have improved had if these funds were used for providing the necessary infrastructure.
