Buggana Rajendranath Reddy retained his cabinet berth and finance portfolio in the recent cabinet expansion thanks to his expertise in squeezing loans from Delhi somehow.
Buggana is put to use immediately. Ever since the oath ceremony happened, Buggana and Finance Special Chief Secretary SS Rawat have camped in Delhi trying to bring a fresh batch of loans for the state government.
The center has disallowed all borrowings of the Andhra Pradesh government until the state reveals the real numbers of its loans.
If the real number is revealed, the borrowing limit will be reduced. So, the government is trying to avoid as much as possible.
Buggana is pleading with the finance department to allow some loans temporarily.
Andhra Pradesh government literally runs on loans. The government borrows at least 6,000 Crore per month. The center is sitting on the loans for 2022-23 in the name of the real numbers.
“Buggana should shift his family and office completely to Delhi instead of coming to Amaravati once in a while,” people are mocking on social media.
