Andhra Pradesh govt’s financial position goes from bad to worse

[TampaChinnodu]

HYDERABAD: AP government’s financial position has gone from bad to worse.  The state government has taken more than Rs 14,000 crore as hand loans (ways and means advance) in the second quarter in the current financial year.

Generally, state governments take ways and means advances in the last quarter of a financial year, but the AP government has taken an advance in the second quarter itself. 

The state government has taken advances almost equal to market borrowings — Rs 16,000 crore against the Central Government’s approval of Rs 23,000 crore for the present financial year. The government is struggling to mobilise revenues to meet the state’s requirements, with expenditures over shooting the annual Budget by leaps and bounds. To meet the fund requirement, the state government is going for ways and means advances along with market borrowings. 

For the current financial year, the Central Government has allowed the state government to contain market borrowings to the extent of Rs 22,132 crore against the state government’s estimates of Rs 26,820 crore in the Budget. By the end of second quarter itself the state government had borrowed Rs 16,000 crore. In the next six months’ period, the AP government will be left with a balance of only Rs 6,000 crore to meet its funds requirements. 

[ronitreddy]

ledu antha tooch ee..maa pyscopk vuncle ochi confirm chesthene nammutham

[SANANTONIO]

correct time for Lokesh..he can only save

# Blockchain

#vmWare

#SiliconValley

[Idassamed]

3 minutes ago, SANANTONIO said:

correct time for Lokesh..he can only save

# Blockchain  kaadu it is BlackChain as per loki baba

#vmWare

#SiliconValley

 

[reality]

5 minutes ago, SANANTONIO said:

correct time for Lokesh..he can only save

# Blockchain

#vmWare

#SiliconValley

Ezzactly, aa rojullo musali NTR nunchi Sandrabob party ni ela save chesaado... ippudu Loki kuda musali Nakka nunchi party ni state ni save cheyyali...

[reality]

5 minutes ago, Idassamed said:

 

[SANANTONIO]

1 minute ago, reality said:

Ezzactly, aa rojullo musali NTR nunchi Sandrabob party ni ela save chesaado... ippudu Loki kuda musali Nakka nunchi party ni state ni save cheyyali...

[Android_Halwa]

People are happy ani psycopk chepindu kada...paper cuttings kuda paddayi...

idi fake news...jaggadi kutra...

[ronitreddy]

Just now, Android_Halwa said:

People are happy ani psycopk chepindu kada...paper cuttings kuda paddayi...

idi fake news...jaggadi kutra...

Yeah cheppindu..ivanni mem nammamu..maaku special status kuda oddu ..mem happy ga unnam..

[SANANTONIO]

10 minutes ago, Idassamed said:

 

why not yellow chain?

Block black ainappudu Yellow enduku kadu?

[Satakarni_bali]

11 minutes ago, ronitreddy said:

Yeah cheppindu..ivanni mem nammamu..maaku special status kuda oddu ..mem happy ga unnam..

Id Evarikanna ichinava, MA loki ni antunnav... Vellipo pulkas vache lopu

[boeing747]

36 minutes ago, Android_Halwa said:

People are happy ani psycopk chepindu kada...paper cuttings kuda paddayi...

idi fake news...jaggadi kutra...

[ARYA]

1 hour ago, ronitreddy said:

ledu antha tooch ee..maa pyscopk vuncle ochi confirm chesthene nammutham

[ARYA]

54 minutes ago, Android_Halwa said:

Pulkas are happy ani psycopk chepindu kada...paper cuttings kuda paddayi...

idi fake news...jaggadi kutra...

[reality]

1 minute ago, ARYA said:

You nasty post editor...Pulkas bathukullo cheppu...ani antunnava...ala post edit chesi...