Barring eight days, Andhra relied on borrowings from RBI during 2024-25, says CAG report

Barring eight days, Andhra relied on borrowings from RBI during 2024-25, says CAG report

TDP spokesperson says dependence on RBI loans was due to legacy issues left by the previous government, such as unpaid bills to contractors and employees, among others

The Andhra Pradesh government availed 1.72 lakh crore through special drawing facility, ways and means advances and overdraft during 2024-25, ending up paying 303 crore towards interest, according to… [+2500 chars]