Andhra Pradesh Finance minister Buggana Rajendranath Reddy has released a first white paper on the state financial position at the secretariat in Amaravati on Wednesday. The minister has lashed out at the previous TDP government alleging that statistics showing on the Agriculture in between 2014-19 is false and misleading. Rajendranath Reddy has further alleged that the debts were increased many times in the last five years. Reacting to the allegations, the former finance minister Yanamala Rama Krishnudu said according to the norms of the Fiscal Responsibility and Budget Management Act, 2003 (FRBMA), only the borrowings were done, Watch the video for more insight.
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