Addressing a press conference on Wednesday, the Finance Minister Buggana Rajendranath Reddy asserted that every rupee spent was accounted for. The Comptroller and Auditor General (CAG) merely asked for a clarification. Basically, it was about reconciliation. The government was submitting necessary reports. But, the PAC chairman was provoking unnecessary doubts over the State's financial situation. It was only to defame the government.

Stating that Mr. Keshav should have asked the government if he had any doubts, Mr. Rajendranath wondered why the TDP leader preferred to write letters to the Governor or Delhi. “I don't understand the logic behind it. If he were true, why is Yanamala Ramakrishnudu (former Finance minister) silent in this regard?” he asked.

The Minister said that one should remember that the TDP government appointed a private person as head of CFMS. Payments were nerve centre. How could a private person be head of that? Also, instead of developing its own software, the previous government spent ₹300 crore on SAP. Efforts were on to rectify the lapses in CMFS, he said.

Mr. Rajendranath asserted that there was nothing wrong in availing loans. Every State did it. The government, with the borrowings, was continuing the welfare schemes, and clearing the dues in various schemes during the TDP rule. Despite this, the debt growth since 2019 had come down to 16%. The debt growth was 18.36% during 2014-19, he pointed out.

Visibly incensed with the comments on debts and borrowings, he aksed how could Andhra Pradesh go for borrowings in the name of neighbouring States?The Opposition was making hue and cry that ₹17,000 crore loan was additional. The fFact remains that ₹16,000 crore loan was availed during the TDP rule itself, he said.

Kerala Mass Vaccination drive gives hope to the tourism sector

Fan's plight as he sees Sonu Sood being beaten in the film, broken TV into pieces

Sonam Kapoor returns to her country after a long time, Anil Kapoor's wet eyes