Andhra Pradesh’s finances sound, says Jagan

Andhra Pradesh’s finances sound, says Jagan

• Chief Minister Y.S. Jagan Mohan Reddy has said that the State’s finances are in sound health and no one need fear about it.
• “I want to convey to the MLAs and the people that the financial condition of the State is in sound health and there is no need to fear about its financial stability,” Mr.Jagan Mohan Reddy said in the Legislative Assembly during a discussion on Finances through a PowerPoint presentation on Friday.
• “Andhra Pradesh, with 6.89% GDP, is the sixth in the country. During the TDP’s term, the GDP growth rate was 5.36%. In the year 2021-22, we registered 11.43% GDP growth, which is the first in the country. Andhra Pradesh’s share in the nation’s GDP is 5%, while it was 4.45% during the TDP term. Even during COVID-19, the State stood fourth in the country along with Manipur, Tamil Nadu, West Bengal,” said Mr.Jagan Mohan Reddy.

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Published date : 17 Sep 2022 06:14PM