Govt. borrowings not translating into welfare benefits, says Buggana Rajendranath Reddy

YSRCP leader Buggana Rajendranath Reddy accused the NDA government of hypocrisy in its borrowing practices, claiming they are using the same financing structures that were previously criticized. He stated that despite raising over ₹2.66 lakh crore in borrowings, key welfare schemes have been stalled or failed to take off, and revenue growth has not translated into improved state finances. Reddy also alleged that future borrowings of the State Mineral Development Corporation have been pledged and access to the state exchequer extended to private entities, calling it unconstitutional.