Jagan Govt: Resources Limited, Promises Unlimited

Jagan Govt: Resources Limited, Promises Unlimited

YS Jagan Mohan Reddy Government always maintained that the implementation of the Navaratnalu is its main priority. For the case of it, we have seen the Government making meager expenses on the Development form. CAG already expressed its apprehensions about the attitude of less Capital Expenditure (building assets, projects, etc).

Even a very important project like Polavaram was allocated Rs 5254 Cr. During 2019-20, the Government spent only Rs 1,311 Cr. At this juncture, the Government announced three capitals in the name of decentralization of development. This is the first-ever promise of Jagan on development. The decision has gained substantial support hoping for decentralization.

But then, the big question is if that is possible. As of today, the state government is looking for loans to give the salaries to its employees. It is keen on pooling money by auctioning the bonds at RBI on the 4th of this month and the salaries may be dispensed in priority order from 5th.

This financial condition combined with a huge bill of welfare schemes will leave no room for development or whatsoever. “At best the Government can do is to portray the natural development in Vishakapatnam as its own. Amaravati is hopeless for obvious reasons. The Government will hope that the high court if the shift happens, will rekindle some real-estate boom in Kurnool,” experts say.

What’s streaming on OTT? Consult the experts!

Follow @mirchi9 for more User Comments
YS Jagan - Ram PothineniDon't Missతమదాకా వస్తే గానీ టాలీవుడ్ సెలబ్రిటీలకు నొప్పి తెలియదా?టాలీవుడ్ సెలబ్రిటీలు సేఫ్ గేమ్ కు పెట్టింది పేరు. అధికారంలో ఉన్న వారికి అనుకూలంగా వ్యవహరించడంలో సిద్దహస్తులు అయిపోయారు. మొన్నటిదాకా...Jagan Mohan Reddy Not the Chief Minister for Amaravati?Don't MissJagan Mohan Reddy Not the Chief Minister for Amaravati?Andhra Pradesh Government's Official Celebrations of India's 74th Independence Day happened in Indira Gandhi Municipal...Navneet Kaur - CoronavirusDon't MissPolitician Turned Actress' Condition Serious with CoronaRemember actress Navneet Kaur who played divine dancer Rambha in Rajamouli's 'Yama Donga' in the...Legendary Singer SP Balasubrahmanyam's Condition Critical, Moved to ICUDon't MissLegendary Singer's Condition Critical, Moved to ICUHere is the latest update on legendary singer SP Balasubramanyam who has tested COVID-19 positive...Tollywood ShootingDon't MissIs This The Roadmap To Bring Tollywood Back On Its Feet?Senior Producer Allu Aravind speaking at a Press Conference, the other day, announced that the...
Mirchi9