AP govt financial crisis: Loans even to repair roads

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The Andhra Pradesh government headed by Chief Minister YS Jaganmohan Reddy is facing unprecedented financial crisis, thanks to cash transfer schemes launched by Jagan in the name of ‘navaratnalu’.

The YSRCP government is dependent on loans to run the show on a day-to-day basis.

The situation worsened to such an extent that the YSRCP government has decided to take loans even for repairing roads across the state.

Jagan has constituted AP Road Development Corporation (APRDP) exclusively to take loans for road repair works.

He issued directions to APRDP to take Rs 2,205 crore loans from various banks.

The AP government will provide bank guarantee to these loans.

State highways and roads in all districts in AP were badly damaged due to consecutive cyclones and heavy rains for the past two years.

However, the state government did not take up repairs due to a fund crunch.

With this motorists in AP are facing severe hardships due to bad roads.

They are expressing ire at state government for failing to repair roads for such a long time.

With this, the Jagan government has decided to take loans for road repair works.

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8 COMMENTS

    • పెట్రోల్ 97 . డీజిల్ 92 ? ధరలు అన్ని పెరిగిపోయాయి. ఇంకేముంది. మాడ గదిని , 6093 గాడిని గెలిపించినందుకు.

  1. Siggu leni janma mottam rayali ra
    Small repairs cheste avi heavy vehicles and floods ki malli padaypotunnay
    So they are using some kind of technology which whill give more life to the roads and anduke daniki 2k crores avtay.in general adb and all will give loans for that
    So anduke teesukunnaru
    Mottam ray ra munda mopi

    • This happened due to the lack of trust on the govt. There are high chances the govt will borrow that money and use that money for the freebies.

      Do you really think they care about the roads? In two years term they never got the chance to get them fixed? Roads are not even seen as a priority by the current govt.

  2. వీడు ఉండగా ఆంధ్ర సంకనాకి పోదాం కాయం అని వీడు. సీఎం కాకముందునుండి చెబుతూనే ఉన్న. జనాలకి పచ్చ నోట్లు కనపడేసరికి సిగ్గులేకుండా ఓట్లేశారు. ఇప్పుడు న్వాది బ్యాచ్ లో ఒక. 100 మంది తప్ప , మంది మాగధులు కూడా ఏడుస్తూనే ఉన్నారు. జనాలు ఇప్పటికైనా సిగ్గు తెచ్చుకుంటే నెక్స్ట్ టైం అన్న. ఆంధ్ర బాగుపడుద్ది. కాకుండా వీడు వీడి బ్యాచ్. వీడి పార్టీ జైలు కి పోవాలి.

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