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The Hindu
The Hindu
National
G.V.R. Subba Rao

Government mortgaged Andhra Pradesh Secretariat for ₹370 crore, alleges Lokesh

Jagan Mohan Reddy N Lokesh TDP

Telugu Desam Party (TDP) national general secretary N. Lokesh has alleged that the YSRCP government mortgaged the Andhra Pradesh Secretariat for ₹370 crore.

In a post on social media platform ‘X’ on March 5 (Tuesday), Mr. Lokesh recalled that the government had earlier mobilised ₹7,000 crore by mortgaging the mineral resources and raised a substantial debt of ₹33,000 crore on liquor sales.

Mr. Lokesh said that Chief Minister Y.S. Jagan Mohan Reddy had failed to leverage the potential for establishing new companies and providing employment opportunities for the youth.

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