AP again seeks for loan of 3000 Crore
Vijayawada: Both the Telugu states of Andhra Pradesh and Telangana are on loan taking spree. Andhra Pradesh is asking for a 3000 crore loan again. The State Government has requested centre to grant permission for taking the extra loan in the form of a letter. State requested to increase the upper limit of loan. Already Andhra government took 18k loan.
In fact Telangana is not behind Andhra in this and the two are competing against each other. At the same time neither AP nor Telangana are stopping unwanted expenditures.
Loans that these governments take are going to be people’s burden. Do we realize this?