Buggana Rajendranath Reddy
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The YSR Congress Party (YSRCP) leader and previous Finance Minister Buggana Rajendranath blasted the judgment TDP-led National Democratic Alliance (NDA) union for supposedly spreading out incorrect stories about the State’s GST earnings development. He implicated the union federal government of controling information and misguiding the general public for political mileage.
In a declaration on Tuesday, Mr. Rajendranath Reddy stated the GST profits boost reported in July 2025 is being misrepresented as an accomplishment of the existing administration. He clarified that the evident 14% development in GST earnings is not the outcome of enhanced governance or noise financial policies, however rather due to the incredibly low collections in July 2024.
“The TDP federal government is misusing relative data to develop a misconception of financial development. The decrease in GST profits throughout their preliminary months in power has actually developed a low base result, making the present numbers appear inflated,” he discussed.
The YSRCP leader even more supplied information to corroborate his claim. The net GST profits in July 2023 stood at 2,755 crore, compared to 2,930 crore in July 2025– signing up just a 6.3% development over 2 years. This equates to a typical yearly development of simply 3.13%. The gross GST income has actually increased by simply 2.88% over the exact same duration.
“It is regrettable to see HRD Minister Nara Lokesh commemorating this as a fantastic accomplishment. It just reveals his absence of understanding of financial indications. If the State’s economy were genuinely growing at the rate they declare, GST collections would show that,” he stated.
Mr.Rajendranath Reddy mentioned that Andhra Pradesh’s GST profits patterns may appear much better in contrast to other southern states, however the truth is vice versa. He stressed that any boost seen now is mainly due to the weak efficiency in the previous year, not due to the fact that of strong policy efforts.
The YSRCP leader likewise criticised the TDP union federal government for embracing problematic and inadequate financial policies, which resulted in an extreme fall in GST collections in 2024. He alerted that comparing existing figures with in 2015’s low-performance months misshapes the genuine photo and misguides the general public.
“Instead of taking duty and remedying their policy failures, the union leaders are attempting to construct an incorrect story by selectively comparing low standards. This is not sustainable development,” he stated.
Requiring severe and accountable governance, he advised the existing federal government to move far from promotion tricks and rather concentrate on enhancing financial investment, work, and financial facilities to put the state’s economy back on track.
