Andhra Pradesh government's borrowings for first half of 2020-21 fiscal far exceeded revenues: CAG
The Andhra Pradesh Government's borrowings for the first half of the 2020-21 fiscal far exceeded revenues and the revenue deficit touched a staggering Rs 45,472.77 crore, according to the state finance accounts released by the Comptroller and Auditor General.
The revenue accruals in Andhra, on the other hand, were just 27.73 per cent at Rs 44,915.52 crore in the first half out of the targeted Rs 1,61,958.50 crore for the year. PTI