Raising serious concern over an “unprecedented financial crisis in the State,” former Finance Minister and TDP Member of Legislative Council (MLC) Yanamala Ramakrishnudu has urged the Union government to declare a financial emergency in Andhra Pradesh.
Addressing the media here on Saturday, Mr. Ramakrishnudu said a situation had emerged that endangered the State’s financial stability. “The economy is in a state of flux, and there is a need to declare financial emergency under Article 360 of the Constitution,” he insisted.
