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Mon, May 27, 2019 | Last Updated 7:22 pm IST

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Chief Secretary Stalls Chandrababu Government's 1000 Crore Loan

Chief Secretary Stalls Chandrababu Government's 1000 Crore Loan
Chief Secretary Stalls Chandrababu Government's 1000 Crore Loan
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The Telugu Desam Party has launched criticism of chief secretary LV Subramaniam. Minister of Finance Yanamala Ramakrishna released a statement on him. He blamed the Chief Secretary appointment and his decisions in a statement. Yanamala disagreed with the Chief Secretary's interference on the affairs of the Finance Department. 

Chief Secretary Stalls Chandrababu Government

He said the Cabinet Decision is final in Fundraising and Release. Yanamala criticized that the Chief Secretary is violating the Service Rules. "He is a subordinate of the cabinet and how can he question the cabinet decisions?," Yanamala questioned the Chief Secretary in the Press Statement.

Chief Secretary Stalls Chandrababu Government

LV Subrahmaniam who was appointed by the Election Commission against Chandrababu Naidu's wish found fault with borrowing money at interests higher than the allowed interest rates. He also stopped a loan of 1000 Crore by the State Government which was supposed to be taken on 15th of this month. This has become an issue of contention between the CS and the government.


Chief Secretary Stalls Chandrababu Government's 1000 Crore Loan
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Nimisha is a typical Hyderabadi who raves about food and films. Formerly a Techie employed with Satyam, she writes about cinema since eight years and as for the other passion, she is a popular food blogger. She completely took her passion as work post the Satyam fiasco. Besides food and films, she is also fascinated to history and cricket.