Andhra Pradesh sources have stated that Telangana Pradesh Congress Committee (TPCC) President N Uttam Kumar Reddy has said that the TRS government has presently pushed the state into a deep debt trap within its two year rule and the state has made totally debt full and the people’s mind has also spoiled by his policies.


It is stated that the outstanding debt in the united Andhra Pradesh was Rs 69,000 crore in the last 60 years and presently the state debt has been doubled nearly Rs 1.25 lakh crore in two years in the TRS government.


Uttam has also said that all the works were taken up by the government including irrigation projects, mission bhageeratha and other scheme by borrowing the funds from various agencies and he has also added that the misuse of funds was also in peak.


In addition he has cautioned state would plunge into deep neck financial crisis in the coming days and it was unfortunate that after TRS has come to power, the financially surplus state has turned into a debt ridden state. Let us wait and watch what happens next and the TPCC will stop his comments or not. We will wait and see the upcoming.


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