Overview
- Citing CAG data, YS Jagan Mohan Reddy says the state's own tax revenues rose 7.03% year on year in H1 FY2025-26, while combined GST and Sales Tax grew 2.85%.
- He notes a two-year CAGR of 2.75% for own-tax revenues and flags capital expenditure shrinking at roughly minus 16% over the same period.
- For Q1 FY2025-26, he says own revenues grew 3.47% year on year as GST and Sales Tax collections fell below the year-earlier quarter.
- He contrasts these figures with the TDP-led government's reported 12.02% GSDP growth for FY2024-25, a 17.1% target for FY2025-26, and a claimed 10.5% Q1 growth.
- He alleges borrowings totaling about ₹2,06,959 crore so far, described as 62% of the previous five-year tally, with no immediate response reported from the TDP.