Finance Minister Nirmala Sitharaman’s recent remarks about Prime Minister Narendra Modi considering YS Jagan as a son and her response to Andhra Pradesh’s debts have sparked controversy. According to her written response to YSRCP MP Raghurama Krishna Raju, the state’s debt increased from 264,451 crores in 2019 to 442,442 crores by March 2023.
While she claims the state’s financial situation is stable, the opposition alleges that she might be concealing the true extent of debt from various corporations. Critics point out that her statement only addresses debt from RBI, leaving out debts from other corporations and banks.
The fact that YS Jagan is the richest Chief Minister while Andhra Pradesh remains one of the poorest states has invited criticism. Moreover, speculations of YSRCP funding BJP, particularly during elections in other states, add to the complexity of the political dynamics between YS Jagan, YSRCP, and BJP.
In response to complaints from Andhra Pradesh BJP head, Purandreswari, regarding the state’s debts, the Finance Ministry has reportedly approved the release of funds and debts through RBI. These recent statements and actions have drawn attention and raised questions about the relationship between the parties involved. The situation continues to be closely monitored by the public and political observers.