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AP Is Under Financial Crisis: Yanamala Ramakrishna

6th February, 2015 9:49pm     Andhra Pradesh      Comments  

Yanamala Ramakrishnama,Financial Crisis,Andhra Pradesh,Yanamala Ramakrishnudu


Andhra Pradesh state is experiencing financial crisis. The financial minister of the state has said these words. He said that there is no official information from the centre regarding allocating funds to AP. He said this in a press meet in Hyderabad.

"There are no funds for the welfare of AP government. We are running the administration by bringing loans worth of crores. We are undergoing additional financial crisis of more than 5000 crore rupees. The central government has said that it is releasing funds for our state in their website but there is no official information with us regarding the same. It would be really nice if the central government is releasing funds for us. At the same time, I demand special increments as per mentioned in AP bifurcation bill." said Yanamala Ramakrishnama Naidu.



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