AP Mortgages It’s secretariat For Rs 370 Crs?

TDP chief Chandrababu strongly criticized the YCP government in AP for pledging the state secretariat for a loan of Rs.370 crore. He said that this is the most humiliating act for the state.

“What a shame for the state…how sad…what a shame Jagan Reddy! Is the State Secretariat, which is the heart of the government administration system, mortgaged and raised debt?. Does this Chief Minister know what it means to mortgage the building where the Chief Minister of the state sits, the administrative center of the state for 370 crores? You have pledged not only the buildings….the self-esteem of the Telugu people. You have destroyed the excellent brand of Andhra Pradesh! People…Think what we are losing under the incompetent, arrogant and destructive regime!” Chandrababu fired at CM Jagan.

Nara Lokesh, said that even the economists, who were shocked by Jagan’s debts for the last five years, are getting blank. Jagan, who has plunged the state into debts of Rs.12.5 lakh crore, said that he was shocked to see the news that the secretariat has now been mortgaged.

“After seeing the performance of Jagan who mortgaged the AP secretariat for Rs.370 crores, it seems that it is not correct to compare it with Sri Lanka. No matter how much financial crisis Sri Lanka is in, it has not held its governance center hostage,” said Nara Lokesh.