The total outstanding liability of the Government of Andhra Pradesh at the end of March 2023 was ₹4,28,715.70 crore as per the ‘State Finances - A study of Budgets’ report published by the Reserve Bank of India (RBI), Duvvuri Krishna, Special Secretary to the Chief Minister of Andhra Pradesh, said on Tuesday.
Addressing a press conference at the Secretariat, Mr. Krishna, while refuting a report published in a vernacular daily, gave details of the debts of the government.
He said the RBI had taken into consideration the audited figures released by the Comptroller and Auditor General of India (CAG) before publishing the report.