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New Delhi: Andhra Pradesh Chief Minister Chandrababu Naidu on Tuesday met Union Residence Minister Amit Shah in Delhi and apprised him of the monetary situation of the state. The assembly happened at Amit Shah’s residence. In a submit on X after the assembly, CM Naidu mentioned, ‘In New Delhi, I met Union Residence Minister Amit Shahji and apprised him of the dire monetary situation of Andhra Pradesh within the final 5 years.’

CM Naidu mentioned, ‘I additionally mentioned the findings of the 4 white papers issued. It outlines the staggering debt amassed between FY 2019-24. It has thrown our state’s funds uncontrolled. The financial incompetence, gross mismanagement and rampant corruption of the earlier authorities have brought on irreparable injury to our state.’

He mentioned, ‘Respecting the mandate given to the NDA by our individuals, the central and state governments will put together a complete reform plan and convey our state’s financial system again on observe. We’ll fulfill the aspirations of the individuals collectively.’ Earlier, Andhra CM Chandrababu Naidu on Monday accused the earlier Jagan Mohan Reddy authorities of plundering pure assets, initiating litigation and exploiting land and minerals within the state throughout its tenure.

He additionally claimed that forests have been lower down below his administration. He mentioned, ‘We now have recognized his file of corruption.’ Earlier on July 9, the Andhra Pradesh authorities led by Chief Minister Chandrababu Naidu launched a white paper on its energy sector. It mentioned its standing and made allegations towards the earlier authorities led by Jagan Mohan Reddy.

In line with the white paper, the burden of electrical energy costs on customers elevated unprecedentedly, the debt of state energy utilities elevated. Additionally, income was misplaced on account of inefficient governance. The entire debt of Andhra Pradesh energy utilities elevated from Rs 62,826 crore in 2018-19 to Rs 112,422 crore in 2023-24, a rise of Rs 49,596 crore or 79 per cent.

The white paper additionally alleged that investor confidence has been eroded and the model picture of Andhra Pradesh has been tarnished. The white paper mentioned that the common tariff for home customers in the course of the Reddy authorities elevated from Rs 3.87 per unit to Rs 5.63 per unit, a rise of 45 per cent.

It additionally mentioned that delays in commissioning of thermal energy crops have led to an extra burden of Rs 12,818 crore. It particularly talked about the delay in commissioning of the Polavaram hydroelectric undertaking.