AP tax collection

[Hydrockers]

Just now, AndhraneedSCS said:

I think Govt now a days is spending a lot on interest. 

 

I am assuming 10% as I have seen Amaravathi bonds and other things in the past at 10.5% or so interest. I don't know the actual values though.

 

I think 10% is reasonable due to the states leverage.

No 10% is very high

[AndhraneedSCS]

1 minute ago, Ryzen_renoir said:

every state government in india / hell even America borrowed to the hilt due to covid lockdown .  

https://bipartisanpolicy.org/report/deficit-tracker/ 

American deficit per month 

April 2020 200% more over 2019

May 2020 300% over 2019

June 2020 500% over 2019

July 2020 500% over 2020. 

European deficits are also similar or worse . Veelu kooda Mana Jalagan policy follow avuthunarey . Meeru America ni vadhili amaravathi vacheyandi

 

Why are you comparing a state with countries?

 

Compare states  or compare countries but don't mix them up.

 

Coming to facts, US lo unemployment, airlines,... ki funds icharu.. India did not give ANYTHING. they only gave loans.

State did not do anything outside of ordinary except for 1000 crores for MSMEs and ration during covid.

[AndhraneedSCS]

7 minutes ago, Hydrockers said:

No 10% is very high

Oka 8% vesukovacha? pone ala vesukunna 8,000 crores additional spend per year kada. Remember they will be additional money required every year to repay the principal

 

https://www.financialexpress.com/economy/states-to-borrow-more-at-higher-cost/1926374/

 

https://www.business-standard.com/article/companies/andhra-to-raise-rs-10-000-cr-in-loans-to-meet-discoms-payment-obligations-119121101449_1.html  

[vincent]

AP banana crop exports increased by 143 percent in 2019-20 over 2018-19 . Total exports are 45000 metric tonnes in 2019-20. Another positive is likelihood of new 5 million tonne per Annum capacity steel plant in Visakhapatnam being constructed,  possibly with FDI and public investment .

[Hydrockers]

8 minutes ago, AndhraneedSCS said:

Oka 8% vesukovacha? pone ala vesukunna 8,000 crores additional spend per year kada. Remember they will be additional money required every year to repay the principal

 

https://www.financialexpress.com/economy/states-to-borrow-more-at-higher-cost/1926374/

 

https://www.business-standard.com/article/companies/andhra-to-raise-rs-10-000-cr-in-loans-to-meet-discoms-payment-obligations-119121101449_1.html  

World bank loans ee japan loans anni very less interest kada kaka

[AndhraneedSCS]

1 minute ago, Hydrockers said:

World bank loans ee japan loans anni very less interest kada kaka

Avi very less untayi.. anduke vati kosam mana vallu egabadatharu.. but they won't give those loans to whatever the govt want to use.

 

they will be given for specific purposes and they will come with specific rules that the govt have to follow. They give it only for Developmental purposes and not for welfare for which the govt is spending 

[ParmQ]

26 minutes ago, vincent said:

State economy is growing rapidly. At a time when many economies are in recession,  AP managing to grow faster is a positive indicator .

It looks like you are posting some cooked up stats. No substance or no credible links. Till then its just BS by some Paytm guy.

[ParmQ]

15 minutes ago, vincent said:

AP banana crop exports increased by 143 percent in 2019-20 over 2018-19 . Total exports are 45000 metric tonnes in 2019-20. Another positive is likelihood of new 5 million tonne per Annum capacity steel plant in Visakhapatnam being constructed,  possibly with FDI and public investment .

Akkada news lo clear ga Rs 6,086.41 crores antunte nuvvu 12531 crore ani chepthunnav without crdible evidence.

[galiraju]

11 minutes ago, ParmQ said:

Akkada news lo clear ga Rs 6,086.41 crores antunte nuvvu 12531 crore ani chepthunnav without crdible evidence.

What do you expect from a vincent with 146 posts 

[Ryzen_renoir]

43 minutes ago, AndhraneedSCS said:

Why are you comparing a state with countries?

 

Compare states  or compare countries but don't mix them up.

 

Coming to facts, US lo unemployment, airlines,... ki funds icharu.. India did not give ANYTHING. they only gave loans.

State did not do anything outside of ordinary except for 1000 crores for MSMEs and ration during covid.

Okay let's look at the US states and other Indian states 

California 54$ deficit 2020 https://www.politico.com/states/california/story/2020/05/07/california-faces-54b-budget-deficit-1282926

New York , Texas also facing record deficits not seen from 2009 recession.

Telangana 300% deficit during lockdown //www.thehindu.com/news/national/telangana/state-revenue-deficit-mounts-to-300/article32407011.ece

The best fiscally managed state in India , Gujarat faces over 50% drop in revenue and is borrowing 8500 crores to pay salaries and other general expenses .

Here are the debt figures of each state during lockdown

https://www.newindianexpress.com/business/2020/jul/01/states-market-borrowing-doubles-to-rs-167-lakh-crore-in-april-june-period-2164030.html

[AndhraneedSCS]

3 minutes ago, Ryzen_renoir said:

Okay let's look at the US states and other Indian states 

California 54$ deficit 2020 https://www.politico.com/states/california/story/2020/05/07/california-faces-54b-budget-deficit-1282926

New York , Texas also facing record deficits not seen from 2009 recession.

Telangana 300% deficit during lockdown //www.thehindu.com/news/national/telangana/state-revenue-deficit-mounts-to-300/article32407011.ece

The best fiscally managed state in India , Gujarat faces over 50% drop in revenue and is borrowing 8500 crores to pay salaries and other general expenses .

Here are the debt figures of each state during lockdown

https://www.newindianexpress.com/business/2020/jul/01/states-market-borrowing-doubles-to-rs-167-lakh-crore-in-april-june-period-2164030.html

Emi cheppali ani anukuntunnavu?

 

Almost every budget will go into deficit due to Covid.

 

States like california are cutting some expenses/programs to cover the deficit as per the link you shared. Is AP doing the same thing?

 

Gujarat vadu 8500 crores appu chesi salaries full ga pay chesadu. Mana vadu appu chesi only 50% ichadu anthena cheppadulchukunedhi?

 

 

[Ryzen_renoir]

24 minutes ago, AndhraneedSCS said:

Emi cheppali ani anukuntunnavu?

 

Almost every budget will go into deficit due to Covid.

 

States like california are cutting some expenses/programs to cover the deficit as per the link you shared. Is AP doing the same thing?

 

Gujarat vadu 8500 crores appu chesi salaries full ga pay chesadu. Mana vadu appu chesi only 50% ichadu anthena cheppadulchukunedhi?

 

 

Orey babu Gujarat lanti vadey Appu chesadu antey , fiscally weak state like AP elaga manage chestundhi ?   

all I wanted to say is Andhra Pradesh finances have been a disaster from division . Ippudu jalagana kothaga chesindhi kadhu , 2014 nunchi motham debt based economy run avuthundhi .

AP has been in Overdraft for the majority of 2014-2019 period , salaries 43% increase chesi nappudu nunchi alagey undhi , salary pay cheyali antey Appu cheyali .  

Ippudu edhoo jaruguthundhi ani mee brama , jaffas  emo maa jalagana super chestunaru ani build up  but reality is both have been same under different names 

[vincent]

 Please check the link provided by @AndhraneedSCS . The state own tax collection  has increased which is a positive trend . Commercial taxes constitute only one part of the total tax collection .

[migilindhi151]

15 hours ago, Hydrockers said:

Development ante real estate prices ani pulkas abhiprayam

Development antey uchithanga bicham eyyadam ani seggadda fans abhi praayam... 

[migilindhi151]

Salaries ki kooda dikku ledhu anta... Intha dhaarunamaina cheeyam ekkada sooda le... 

Ap is next bihar